# SOLANA Daily Analysis | Is Wave II Finally Complete?Solana / US DollarCOINBASE:SOLUSDMehdi_Abbasi_EWPSince the previous analysis, Solana has moved closer to an important structural decision point. From the aggressive perspective, the Simple Zigzag appears to have reached a potentially completed A-B-C structure within the larger Wave (II) correction. However, the completion of a corrective pattern alone is not enough to declare that the next bullish phase has begun. The market still needs to prove its intention through structure. If the current area develops into a valid impulsive advance, several possibilities remain open. The new bullish structure could develop as a **Classic Impulse, a Nested 1–2 structure, or even a Leading Diagonal**. The key is not simply whether SOL moves higher. The key question is: **What structure will price create during the advance?** A sustained impulsive structure, followed by a corrective reaction that respects the newly formed advance, would provide the first meaningful green light for the aggressive bullish scenario. The first important upside area is around **$99.28**. A successful break above the corrective structure would strengthen the bullish interpretation and allow us to evaluate whether this is the beginning of a larger impulsive phase. ### Conservative Scenario The conservative scenario remains valid. Even though the current Simple Zigzag may be complete, the market could still develop a more complex corrective structure. Time, depth, and increasing complexity remain important factors, and another decline cannot yet be ruled out. A break below **$60.03** would invalidate the current aggressive bullish interpretation and significantly increase the probability of a deeper corrective development. The lower levels around **$47.42** and **$34.84** therefore remain relevant as potential areas within a larger corrective scenario. ### What Are We Watching Now? At this stage, I am not interested in predicting whether Solana will rise or fall based solely on short-term price movement. I am watching the **structure**. If SOL begins developing a genuine impulsive advance, breaks the relevant corrective structure, and subsequently forms a corrective reaction that confirms the advance, the bullish scenario will become considerably stronger. Until then, both scenarios remain valid. The market does not have to follow our expectations. It only has to reveal its structure. And that structure will tell us which scenario deserves our attention next. **Mehdi Abbasi | Mr. Nobody Elliott Wave Principle** *Elliott Wave Structure • Rules • Evidence • Scenario Analysis*