As of June 2, 2025, Solana (SOL) is trading at approximately $156.18, reflecting a modest increase of 0.33% from the previous close. The day's trading range has seen a high of $158.85 and a low of $150.87.
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📊 Technical Analysis: Support & Resistance Levels
Support Levels:
$152: A $SOL critical support level; a break below this could lead to further declines toward $145 and potentially $132.
$143.44: A significant support zone; if breached, it may result in a decline toward the lower support zone of $127.
Resistance Levels:
$160–$162: $SOL Immediate resistance zone; a breakout above this range could lead to a move toward $168.53.
$176.56: A higher resistance level; surpassing this could signal a bullish trend continuation.
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📈 Price Predictions for June 2025
Short-Term Outlook: Solana $SOL is expected to maintain levels above $150, with potential to reach up to $166.33 by July 1, 2025.
Mid-Term Forecast: Analysts suggest that if Solana holds above $160, it could climb toward $195.53, especially with continued institutional accumulation.
Long-Term Projections: Some forecasts indicate that Solana could reach between $240 and $280 by Q4 2025, driven by institutional investments and favorable regulatory developments.