$SOL — Technical Breakdown, June 2025
Forget the hype — let’s get into the cold numbers.
Here’s where Solana stands in June 2025 and what the charts really tell us:
---
📈 1. Price Structure (Weekly TF)
Strong macro uptrend intact since Q4 2024
Current price testing key resistance at ~$155
Breakout level: $162 (closing candle confirmation)
Support zone: $127–$134 — strong buyer demand observed in May
---
📉 2. Volume & Momentum
Volume declining slightly on upswings = weakening bullish momentum
RSI (weekly): ~64 — still below overbought, but showing bearish divergence
MACD: Still bullish, but histogram weakening → momentum slowdown likely
---
🔍 3. Fibonacci Levels (swing low $78 → high $165)
0.382 Fib = $127
0.5 Fib = $121
0.618 Fib = $113
=> If $SOL corrects, these are reload zones before next push
---
🔁 4. Key Patterns
Potential ascending triangle forming — bullish if confirmed
Daily TF: Price coiling in tighter range = volatility compression → breakout incoming
Wicks above $155 = supply, needs clean close to flip
---
🧠 5. Market Context
SOL TVL is steadily rising again
NFT activity migrating back to Solana
Memecoin season driving retail back into SOL-based ecosystems
=> Fundamentals align with long-term upside
---
📌 TL;DR:
$SOL bullish on macro
Short-term: caution near resistance
Best entries = $127–$134 zone
Clear breakout above $162 opens path to $180+
Don’t chase — position smart 💼
#SOL #Solana #CryptoAnalysis #TechnicalAnalysis #Crypto2025