🚀 Solana (SOL): Price & Technical Analysis – June 17, 2025 🚀

Current price: ≈ $147.48 (‑0.06%) 📉

Intraday range: $145.77 – $157.23

📌 Context:

Yesterday SOL jumped ~9.5% to $157 thanks to strong optimism around spot ETF (probability ~91%) and expanding institutional demand in futures.

Open interest at multi-year highs and long/buy position on the rise.

⚙️ Technical today

Solid support zone between $150–152 (EMA‑7).

Key resistance at $156.3–157.2 (EMA‑25/99); remains a tough ceiling.

Indicators: Neutral RSI (~50), slightly negative MACD, and volume below average.

🎯 Scenarios

Bull case: breakout and daily close >$157 + high volume → possible rally to $160–169, with extension towards $180–200.

Bear case: rejection again → test of support $152, and potential drop to ~$148 if broken.

Are you ready to follow a rebound from $152–$156, or do you think it’s time to stay on the sidelines?

Comment your strategy: accumulation phase (hold/DCA) or preparation for intraday trading?