The analysis focuses on the SOLUSD chart, observing it within an ascending wedge pattern. A support zone is identified between $165.94 and $180.25. From the August low, there's an assessment of a potential five-wave move up, which could also be interpreted as a three-wave structure. The pullback landed in the mentioned support zone, leading to a reaction around the 50% retracement level. Key confirmation for a meaningful low is suggested upon observing five waves up. The critical breakeven to confirm a local higher low is above $199.50. The speaker highlights and important breakeven point to validate the uptrend at $214. As long as the support zone holds, higher prices are anticipated, but one more push to the downside to the $175 zone can be expect. There are different possible pathways, but all show a bullish outlook as long as the $175 support is mantained.