Solana’s sun
Selected a solid recovery over the last 24 hours, rose up to 4.83%before withdrew to trade about $ 152.16. While volatility remains elevated, cryptocurrency has formed a pattern of higher low low, suggesting underlying strength in the midst of a fragile macro background.
The wider market remains focused on renewed trade negotiations between the United States and China that started Monday in London. The meetings gather the best officials, including US trade secretary Howard Lutnick and Chinese Vice Prime Minister He Lifeng, to tackle many years of tensions over customs and tech limits.
While the two sides hit a temporary ceasefire last month, both have since accused each other for decline. Analysts say that the rare ground export ran and AI -chip controls remain key sticks that can affect the global market mood -including risk assets such as cryptocurrencies.
In the midst of this uncertainty, Solana’s network continues to show expansion potential, with some institutions projecting price targets as high as $ 420- $ 620 in 2026. In the short term, dealers are likely to see how macro-development affects the appetite for risk-on-dealer with assets like SOL.
Technical analysis highlights
- Sol Rose from $ 148.08 to $ 155.24 (4.83% row
- Price formed a cleansing channel from 09: 00-21: 00 on June 8
- High volume support established for $ 152.03, resistance to $ 154.79
- Price stabilized nearly $ 150.91 after correction
- UPTREND -CHANCE RESIDENTED BARKED OF 9. June with a strong volume at. 07:59 (54,590 units) and 08:02 (23,396 units)
- The resistance was violated to $ 150.85, followed by sideways consolidation
- Price was recovered from $ 150.53 to $ 150.98 in the last hour’s light which signales renewed strength
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