The analysis identifies key support and resistance levels for SOLUSD on the 1-hour timeframe. Solana is currently trading between support and resistance, indicating a range-bound movement. The thesis assumes a wave two bottomed in August, tracking two pathways for higher prices. The first scenario involves a deeper pullback to a lower support region between 174.72 and 166.22 with the price needing to stay below the green signal line at $218 to remain valid. A break above this level would indicate bullish momentum. As long as it stays below the micro resistance area between 208 and 212 there is no sign of a bullish move. If it breaks to 212 it will make the wave count less likely. The second scenario is a corrective bounce in the white scenario. Once resistance is broken and above $218, this will confirm an orange scenario and the target is set to 227, 236 and 241.