đ What to Expect Fron Solana ( SOL) in Juneâď¸
âźď¸Dont Missâźď¸
#Solana saw only $0.5 million in institutional inflows during May, falling behind rivals like SUI ($23.9 million), Cardano, and Chainlink. Retail and whale accumulation removed 4.13 million SOL ($677 million) from exchanges, suggesting bullish long term conviction. #SOL may fluctuate between $161 and $178 in June, breaching $178 could lead to $188, while falling below $161 risks a drop to $144.
đĄÂ Quick Take:
Investors must note that historically, June has proven to be a bearish month for Solana. Data from shows that over the past five years, the monthly ROI has ranged from negative to positive. But the median ROI sits at -8.97%.
Thus, if history repeats itself and broader market cues turn negative or investors decide to take profits, Solana may experience a downturn. A drop below the $161 support would raise concerns, potentially sending the price to $150 or even $144.
âď¸This scenario would invalidate the bullish thesis and could indicate losses ahead for SOL holders.
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