The analysis for Solana (SOLUSD) suggests a potential further dip in the near term before a rally. From a daily perspective, a larger Wave (IV) correction could culminate in Q1 2026, targeting price points around $96, then $90, and potentially as low as $81.52 (100% Fibonacci extension) or $62.58 (50% Fibonacci extension). Focusing on the 30-minute timeframe for the short-term, the market is expected to complete a corrective Wave (2) or Wave Y within a WXY structure. This correction is anticipated to find support within the 61.80% Fibonacci level at $120.75, the 78.60% level at $118.94, and the 88.70% level at $117.88. Following this dip, an impulsive Wave (3) rally is projected to develop, targeting an intermediate resistance area between $135 and $138, with a higher target towards $142.67 (23.60% Fibonacci extension). A break above the $129 resistance level is considered a confirmation of this upward movement. Currently, the market lacks an impulsive reaction from existing Fibonacci support, implying that another dip into the identified support range is plausible before the anticipated strong rally commences. A breach below the $117.88 level would invalidate the immediate bullish setup from these support zones, suggesting a more complex or prolonged corrective phase. Market action is expected to increase significantly next week.