$SOL As of June 7, 2025, Solana (SOL) is trading at $149.50, reflecting a 1.75% increase from the previous close. The intraday high reached $152.35, while the low dipped to $146.60.
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š Short-Term Outlook
Solana's price has recently dropped below the $150 mark, influenced by broader market trends and specific factors affecting SOL. Despite this decline, the price has shown resilience, bouncing back from the day's low.
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š Medium-Term Projections
Analysts project a potential rise to $151.39 by April 7, 2025, indicating a 10.13% increase from current levels. However, the market sentiment remains cautious, with the Fear & Greed Index at 28, signaling "Fear" among investors.
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š Key Support and Resistance Levels
Support: $146.60
Resistance: $152.35
A break below $146.60 could lead to further declines, while a move above $152.35 might indicate a reversal to the upside.
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š§ Market Sentiment
The current market sentiment for Solana is bearish, with technical indicators predominantly signaling "SELL". The Fear & Greed Index is at 28, indicating "Fear", suggesting caution among investors.
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