The analysis focuses on SOLUSD using Elliott Wave theory to identify potential trend reversals. The current structure is viewed as a 1-2 setup, with wave 2 being a corrective ABC pullback. The analyst suggests the C wave might be complete, with potential support levels at $152.34 and $140.27, if further declines occur. A bullish confirmation requires a five-wave move above resistance, with a pullback holding above $157.89 and breaking the local high. The overall outlook is bullish, targeting $300, contingent on breaking key resistance levels and completing a five-wave structure.