The analysis of Solana on the weekly timeframe indicates decent upside momentum. The speaker identifies two key pivot points: an upper support area between $118 and $138, and a lower support area between $62 and $90. The speaker mentions watching a lower support zone of $90 to $81. The analysis considers the possibility of another low before an upside move. A target of $315.33 based on previous highs is identified, while the analysis would be invalidated if the price falls below $103.60. The analyst discusses a potential five-wave decline to the $90-$81 range before an upside reversal.