SOLUSDT: Bulls Retesting Upward

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SOLUSDT: Bulls Retesting UpwardSOL / TetherUSBINANCE:SOLUSDTDomicChainaSOLUSDT is trading around 75.63 USDT, moving largely sideways on the 4-hour (H4) chart following a correction from the 77+ level. Macro conditions currently support a recovery scenario, as the US CPI for July met expectations; this caused the probability of a Fed rate hike in September to drop from approximately 54% to 40%—a positive signal for BTC. On the H4 timeframe, the 74.20–75.50 USDT zone is acting as key support and aligns closely with the EMA34 and EMA89. If SOL retests this area and buying pressure returns, I lean towards the likelihood of the price continuing its recovery to 79.50 USDT.