⚡️ Solana ($SOL ) – Momentum is Building

Solana is trading around $143.8, rebounding by ~2% today, with a daily range between $140.2 – $144.3. The recovery from a recent dip signals that bulls are stepping in.

📈 Technical and Fundamental Drivers

Price behavior: SOL bounced from the $136–140 zone, forming a solid base and edging into $142–$144 resistance .

Indicator signals: Analysis from InvestX shows SOL has crossed the 20-day moving average and is entering the upper Bollinger Band, targeting $164 .

Professional forecasts: Changelly predicts a slight dip to ~$142 by June 29, while CoinDCX expects a push toward $165–$175 if key levels hold .

Ecosystem strength: Solana is topping Layer-1 metrics—DeFi, NFTs, developer activity—supported by major inflows (e.g. Sol Strategies) and anticipated ETF moves .

🧭 Short-Term Outlook

Bullish scenario: Sustaining above $145 with strong volume could lead SOL to $155–$165 in the next few days

Watch point: A breakout above $150 (50-day EMA) is crucial for confirming the rally .

Risk factor: A drop below $140 might trigger a retest of support closer to $130.

✅ Summary:

SOL is showing promising signs of recovery and could gain momentum towards $165+ if resistance levels are convincingly broken. With strong technical setup, bullish forecasts, and ecosystem growth, the next leg up looks possible. But a dip below $140 would invalidate the bullish case.