Technical analysis by Maddox_Metrics about Symbol SOL on 6/1/2025

Solana appears to have completed a motif wave 1 after finding a bottom at the major support high volume node (HVN) macro wave 4.Wave 2 has not retraced as deep as other alt coins showing strength in the move up. The downside target is the HVN at $140 at the 0.5 Fibonacci Retracement.Wave 3 should be a powerful move up taking price into all time high.Failure to hold this support could see price heading back to fresh lows and testing the $90 HVN once more.Safe trading