The analysis focuses on Solana, SOLUSD. It notes a five-wave decline into a support zone between $173 and $199. The expectation was a reaction, given the oversold nature of the Solana chart. The bounce occurred from around the 61.8% retracement level. The analyst discussed a potential corrective bounce, which has already occurred from the oversold 4-hour timeframe. It points out how the potential trade is now gone from the station.