Can Solana Capitalize on Nasdaq Hype to Close Q2 Above US$160❓❓❓
📢Since early June, SOL has been trading in a narrow range, facing resistance at US$153.59 and finding support at US$142.59. A potential push towards US$160 would require a decisive breakout above this resistance, which can only happen if new demand enters the market.
➡️Without renewed buying pressure, the current momentum may stall. If buyers begin to show signs of exhaustion, SOL risks reversing its recent gains and retesting support at US$142.59.
💣A drop below this level could open the door for a deeper correction in SOL coin prices towards US$134.68 as Q2 approaches its end.