Solana has finally managed to touch upon the upper edge of the magenta-colored area between $129.9975 and $55.6400. Although it has shied away from entering it so far, we still expect the price to go lower and reach our provisional yellow trading-zone within the magenta area. There, wave [ii] in red should end and offer an attractive entry opportunity. Afterwards, we look forward to Solana taking off again and aiming for the resistance at $259. However, if it decides not to linger below the $178 mark, there is a 25% chance that Solana could go for $259 earlier already.
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