The analysis focuses on SOL/USDT using Elliott Wave theory. It identifies ranging movement within a trend channel, with support at the lower boundary. Despite a breakout above a trend line, the analyst notes that trend lines aren't strongly relevant to Elliott Wave patterns, describing the shape as merely a triangle. The price is currently holding above the broken trendline, a positive sign. An impulsive structure upward is noted, followed by a sideways correction unfolding over time rather than price. The support area between $181 and $188 is holding. As long as this support holds, the bullish scenario remains viable; however, a break below $181 would open the door to a larger correction. The target for bulls is a break above the $215.11 resistance to confirm the pattern.