$SOL
A detailed summary of the trend of Solana (SOL) on June 22, 2025, with recommendations based on technical analysis and recent news:
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📈 Current trend and technical recommendations
1. Short-term technical analysis
Prices are currently ranging approximately between $130–142, with a stubborn support level near $132–133 (as shown in real-time data).
According to a report from Gate dated May 21, SOL was in a consolidation channel phase between $166.80 and $168.50, and trading was advised within a range between these two levels at that time.
In a report dated June 8, “Blockenza” indicated that the short-term trend leans towards positivity, especially since most of the MACD indicator showed a bullish crossover, while the RSI was at ~66 – which is below overbought levels, but the warning remained related to testing resistance at $220 or the potential pullback towards $195.
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🧭 Recommendation dated June 22
Horizon Recommendation Entry Level Stop Loss Target
Short (few days–weeks) Moderate range trading (↔) At $132–133 Below $130 Between $140–143
Medium (weeks) Await a bullish breakout (↗) At daily close above $142–143 Below $138–140 $160–180
Long (several months until the end of 2025) Optimistic outlook with caution (↗↗) Cost average, with institutional support + ETF Set flexibility in case of support shortfall $250–300+ (depending on institutions)