#SOL 📉 Price Action & Intraday Movement

SOL is trading around $144.7, down modestly from recent levels .

Intraday range: low near ~$142; high close to ~$147.8 .

24‑hour change: a decline of around 0.5%, with a weekly drop of about 2–4%, depending on the exchange .

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🔍 Recent Days’ Trend

Over the past week, SOL has eased from the $160–$165 range, with yesterday seeing a dip below $145 before rebounding slightly today .

The correction follows recent highs near $160, where SOL encountered resistance.

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📰 Current Drivers

1. ETF Filings Update

Major firms like Canary Marinade, 21Shares, and Bitwise have amended their Solana-based ETF filings with the U.S. SEC (June 13), but no approvals are imminent . This shows growing institutional interest, though regulatory caution remains.

2. On-Chain Dynamics & Volume

Trading volume is around $2.3 billion 24‑hourly, reflecting sustained activity . On‑chain metrics aren’t shown here, but volatility remains a core characteristic.

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📅 Intra‑Day Overview

Time Period Range Comment

This morning $142–$147 Bounce from near $142 support

Mid‑day Consolidating in $144–145 Traders eye $145 pivot

Afternoon Watch $145–$147 Likely to trade within recent range if broader market remains soft

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📌 What to Watch Next

Resistance: ~ $147–$148, overlapped daily highs.

Support: around $142–$145, matching recent lows.

SEC activities: Further updates or clarifications on ETF approvals could add volatility.

Technical momentum: RSI momentum indicators earlier showed bearish bias below $160 .

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✅ Summary

SOL has softened from its early‐June highs but remains above recent support levels. The market eye is on both SEC moves regarding Solana ETFs and technical behavior around $145. A decisive break above $150 could shift sentiment bullish; a slip below $142 might intensify the pullback.$SOL