The video analyzes the Solana (SOLUSD) chart, projecting a potential rally to approximately $182. The analyst acknowledges uncertainty about reaching exactly $182 but anticipates that this target should be achieved within the third wave. The projection includes an expectation of a higher low in wave four and a higher high in wave five, forming a 5-wave pattern to the upside which potentially started on Saturday. The analyst mentions the analysis of microstructures from a previous video as well as daily chart. The presenter believes a diagonal structure is in place but could be wrong about that, and also mentions that the 5 waves is also a 1-2 setup, but the analyst does not think it makes a real difference to the analysis.