🚨 Solana Hits Key Support — Market Braces for Next Move F
CryptoPotato
Updated at: 6 hours ago
{"content":"🚨 Solana Hits Key Support — Market Braces for Next Move
From $160, Solana fell. SOL price is consolidating losses and may go below $145.
From the $160 US Dollar barrier zone, SOL price fell again.
The price is below $155 and the 100-hourly SMA.
SOL/USD broke below a positive trend line with support at $150 on the hourly chart.
If it breaks $152 barrier, the pair may rise again.
Solana Price Falls More
Like Bitcoin and Ethereum, Solana price fell below $160. SOL accelerated below $155 support.
SOL/USD broke below a positive trend line with support at $150 on the hourly chart. The pair dropped below $148. Price consolidation began after a low around $145. It challenged the 23.6% Fib retracement of the latest drop from $158 swing high to $145 low.
Solana is below $150 and the 100-hour SMA. Prices are finding resistance at $150 on the upside. Around $152 is the next significant resistance. It is around the 50% Fib retracement level of the latest slide from $158 swing high to $145 low.
The major obstacle may be $155. Close above $155 barrier might start another steady rise. The next hurdle is $160. More advances might push the price toward $165.
SOL Decline Again?
SOL may tumble again if it fails to break $152 barrier. Initially, downside support is approaching $145. Near $142 is the first big support.
A breach below $142 might push the price near $130. If the price closes below $130, it may fall below $125.
Tech Indicators
MACD hourly for SOL/USD is rising in the negative zone.
Hourly RSI – RSI for SOL/USD is below 50.
Major Support Levels: $145, $142.
Key Resistance Levels: $152 and $155.
#solana #FOMCMeeting #IsraelIranConflict #SaylorBTCPurchase $SOL $BTC $ETH ","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025062025/06/18/f3a37377f7d548e881b743bb8a35face.png"],"tags":[],"tradingPairs":["ETH/USDT"],"quotearticleid":0}