The analysis focuses on SOLUSD, currently caught in a wedge pattern or channel. There's an observation that the upper trendline might need slight adjustment. The price action is described as overlapping and messy, leading to low confidence in direct bullish projections. However, higher prices are still tracked due to an overall upward trend and the formation of higher highs and higher lows, with pullbacks remaining corrective. Caution is advised until a clear breakout above key technical levels occurs, particularly above last week's high at $218. Risk involves a corrective rally, with support areas crucial to monitor. The analysis points out local uptrend but notes the risk, with a potential corrective rally with ABC structure. A break below $166 signals a larger correction, with Fibonacci levels. The target is identified in the range of $360 to $380.