The analysis focuses on Solana (SOLUSD) and its current wave structure. It discusses the possibility that Wave 2 bottomed out on August 2nd and explores the potential for a Wave 3 to the upside. The analyst suggests SOLUSD is likely forming a larger diagonal pattern, with the current third wave being an ABC structure. The B wave pullback may have found a low around August 19th-20th. The primary thesis is that Wave 2 has bottomed, leading to a C wave towards higher prices. Analyst is tracking a micro five-wave move to the upside in wave one. Analyst is tracking a micro support zone between 192.39 to 200.72. A break below $192.39 could lead to reconsideration of the short-term structure, but analyst expects the price action to continue on to a five wave move up. The levels $196.07 and $192.39 act as potential support.