🔍 Technical analysis of Solana (SOL) – June 15, 2025
1. Price overview
The current price of Solana is approximately $146.9.
Solana is moving within an important support range between $144 – $147.
2. Key support and resistance levels
Strong support:
$144: A critical level that has been tested several times. Breaking this level may drive the price to $96 in the medium term.
Nearby resistance:
147 – 148 dollars: Short-term resistance.
150 – 152 dollars: Resistance area that faced several bounces.
Resistance level:
159 – 160 dollars: Breaking this level may open the way for a rise towards $180.
3. Chart patterns and technical indicators
A Double Bottom pattern was spotted around $147, which is a bullish reversal pattern.
Technical indicators:
RSI (Relative Strength Index): In the neutral zone (~40), indicating neither overbought nor oversold.
MACD: Shows weakness in the bearish momentum, with signs of a potential trend change in the short periods.
ADX / DI: Negativity still dominates the daily timeframe, but short indicators show some positivity.
4. Recent price movement
On June 7: Solana rose by approximately 4% from $147 to $153, with a noticeable increase in trading volume.
On June 13: The currency dropped by approximately 8% to $142.13, but found support at $143–144 and stabilized again at $147.
5. External influencing factors
Solana is greatly influenced by the performance of the US stock market and major cryptocurrencies like Bitcoin.
Economic news such as rising bond yields or geopolitical tensions can directly affect the price of SOL.
6. Expected scenarios
Scenario: What to watch and what can be done📈 Bullish Scenario: If the price holds above $147–148, a rise towards $152 then $160 is possible.📉 Bearish Scenario: If the price breaks the $144 level, we may see a drop towards $140, then $122 and possibly $96 later.⚖️ Sideways Movement: If the price remains between $144 and $152, cautious trading with a tight stop loss is preferred.
