The Trust Layer for Market Analysts

The analysis focuses on Solana (SOLUSD) on the weekly and 30-minute timeframes. The speaker identifies a potential five-wave move down in the C wave of a larger structure. Key Fibonacci levels are highlighted as crucial for determining the next price action. The target for the bearish move is identified around $81.52, with invalidation above $99.05. The analysis also notes that a break above the recent swing highs at approximately $107.40 would invalidate the current bearish outlook. On the shorter timeframe, the price has reacted to a support level around $81.50, suggesting a potential retest of previous resistance or further downside if the bearish trend continues.