Solana Heading Back Towards The Bottom Of The RangeSOL / TetherUSBINANCE:SOLUSDTDukesMarketAnalysisRange Continues To Dominate • Solana has spent the last four months trapped inside a broad consolidation between roughly $77 and $92. • Price is once again rotating lower after failing to sustain a breakout attempt near range highs. Resistance Rejects Buyers • Two separate fakeouts above the $97 resistance zone were quickly sold into. • That area now remains the key hurdle bulls must overcome before any meaningful trend change can occur. Trend Still Favours The Bears • The 100/50-day EMAs remain bearishly crossed with price trading beneath both moving averages. • The preceding trend was strongly down, meaning the consolidation still resembles a potential continuation pattern. Support Faces Another Test • SOL is now drifting back towards the lower end of the range where support around $77 has repeatedly held. • Multiple successful tests have created an important demand zone, but repeated testing can gradually weaken support. Momentum Remains Soft • RSI remains below 50, reflecting bearish momentum despite the lengthy consolidation. • StochRSI remains in oversold territory, suggesting downside momentum may be becoming stretched in the short term. In Summary Solana continues to look trapped inside a large consolidation range, with recent attempts to break higher once again failing near resistance. The bearishly crossed 100/50-day EMAs and the preceding downtrend continue to favour the bears, although support around $77 has proven resilient several times already. Bulls need to show up soon to defend the bottom of the range. If that level eventually gives way, the probability of a downside continuation would increase significantly.