Technical analysis by ElliotXSolana about Symbol SOL: Buy recommendation (4/10/2025)

SOLUSDT We are currently tracking a developing (B) wave as part of a larger corrective structure. The move up from the local low unfolds as a classic 5-wave impulse (yellow), where wave 3 is completed, wave 4 is forming as an A-B-C flat correction, and wave 5 is still expected to follow, completing wave (C) of (A). After that, we anticipate a drop into wave (B) of the corrective sequence before a potential final push into the green target zone to complete wave (C) of (B). Once this entire correction is done, the expectation remains for a larger 5-wave decline to complete the macro structure.Wave count stays valid as long as internal rules of Elliott Wave Theory are respected.Way to much bearish momentum I think we have seen or wave (c) already and buidl a new abc struktur to the upside