The analysis indicates that SOLUSD is still in a downside move. Downside pressure is considered high, with the price expected to move towards the lower support area. The speaker views a blue zone as a weak support area. The pullback is tracked as an ABC structure, and if the C-wave completes in the current support zone, it would be a weak sign. A C-wave is typically longer than the A-wave. The analysis suggests a lower support region between $117.41 and $138.26. The larger timeframe overview provides context for larger degree patterns and support areas.