The analysis is based on the daily timeframe for Solana (SOLUSD). The analyst is tracking higher prices according to a white scenario, assuming the price holds above a trend line. There's a Fibonacci support area that is being tracked on a smaller timeframe, which helps maintain the overall uptrend within a C-wave. Currently, the analysis tracks a five-wave advance. The cryptocurrency is potentially in the third wave, unfolding as an ABC structure. It is critical that Solana holds at Fibonacci support levels on the smaller timeframe, or this wave may reset lower, creating a broader ABC structure.