For Solana Traders (Price Prediction )
Source - Coinlore.com
This is a weak month for Solana
Solana (SOL) Price Summary & Key Facts – June 4, 2025
📈 Current Price & Performance
Current Price: $155.04
24h Change: -2%
All-Time High (ATH): $268.86 on Jan 19, 2025
Current Drop from ATH: -41.99%
📉 Technical Analysis Overview
Short-Term Sentiment: Bearish
4 indicators suggest Buy
11 indicators suggest Sell
RSI (14-day): 28.71 → Oversold (potential for short-term bounce)
RSI (weekly): 41.89 → Neutral
Exponential Moving Averages: Bearish – SOL is trading below all key EMAs.
🔧 Support & Resistance
Key Support: $151.76
Key Resistance: $159.88
A close above $159.88 could lead to a rise toward $168.53
A drop below $151.76 could push the price lower.
📅 Historical Trends
End-of-June Performance:
4 out of 5 times, SOL ended lower than the start of June.
End-of-June vs Open Performance:
Only 1 out of 5 times did SOL close higher on the last day of June.
Best Month Historically: September (price rose 4 out of 5 times)
Worst Month Historically: June
✅ Summary
Solana is currently in a bearish short-term trend with oversold RSI conditions, suggesting a possible near-term rebound, but resistance at $159.88 must be broken to confirm upward momentum. Historically, June is a weak month for SOL, so caution is advised.
