SOLUSDT H4 Analysis 25th JulySOL / TetherUSBINANCE:SOLUSDTIIAFTrend: Bearish → Range with Early Bullish Signals Following a sharp decline from the $145 region, Solana (SOL) has entered an accumulation phase. Over the past several weeks, price has been consolidating within a range of approximately $68–$80, indicating that bearish momentum is gradually weakening. A notable technical development is the formation of a CHoCH (Change of Character) around the $74 area, suggesting the first signs of a potential shift from bearish to bullish market structure. However, bullish confirmation requires a decisive breakout above key resistance levels. Key Support Levels $68–$70: Immediate support where buyers have consistently defended price. $56–$58: Major mid-term support. A breakdown below this zone could trigger further selling pressure. $30: Long-term support if the broader bearish trend resumes. Key Resistance Levels $80: First resistance that buyers need to overcome. $95–$98: Major supply zone (highlighted on the chart). A successful breakout and sustained close above this area could initiate a stronger bullish trend. $128: Significant mid-term resistance. $148: Major long-term resistance and the next upside target if bullish momentum continues. Bullish Scenario A sustained breakout above $80 would increase the probability of a rally toward the $95–$98 resistance zone. If buyers manage to reclaim and hold this area, the next upside targets would be $128 and eventually $148. Bearish Scenario Failure to hold the $68 support could expose the price to a deeper correction toward $56. A confirmed breakdown below that level would likely strengthen bearish momentum and increase the probability of further downside. Conclusion The market structure is transitioning from a strong bearish trend into a consolidation phase. The recently formed CHoCH provides an early bullish indication, but a confirmed trend reversal will only occur after a decisive breakout and sustained close above the $95–$98 supply zone. Overall Bias: Neutral → Bullish (as long as $68 support holds and $80 is reclaimed).