Solana by Sol
Posting a solid recovery in the past 24 hours, rising as much 4.83% before retreating to trade around $ 152.16. While volatility remains elevated, cryptocurrency is formed by a pattern of higher lows, suggesting the underlying strength amid a fragile macro backdrop.
The wider market remains committed to the modified trade discussions between the United States and China, which Kicked on Monday in London. The meetings combine -include top officials, along with US commercial secretary Howard Lutnick and Vice Vice Premier He Lifeng, to meet long -term tariffs and tech restrictions.
While the two sides struck a temporary truce last month, both since the accused of each other on the backs. Analysts say rare land export curbs and AI chip controls remain major sticky points that can influence global market sentiment -including risk -owned regions such as cryptocurrencies.
In the midst of this uncertainty, Solana’s network continues to show potential expansion, with some institutions projecting prices as high as $ 420- $ 620 in 2026. In the near term, businessmen are likely to watch how macro’s developments affect risk-on trading assets like Sol.
Technical assessments
- Sol rose from $ 148.08 to $ 155.24 (4.83% range) prior toreracing
- Price formed by a clean uptrend channel from 09: 00–21: 00 on June 8
- High volume support established at $ 152.03, resistance to $ 154.79
- Price stabilized near $ 150.91 after correction
- Uptrend Channel continued in early June 9, with a strong volume at 07:59 (54,590 units) and 08:02 (23,396 units)
- Resistance was violated by $ 150.85, followed by the integration -with sideways
- Price recovered from $ 150.53 to $ 150.98 at the last time candle, which signed the strength changed
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