BOUNCE OFF $ 147 confirmed a bullish double bottom pattern, supported by increasing volume and a return to a short-term Bullish channel of 6-hour chart. Solana is now facing overhead resistance near $ 152.85, where sellers previously stepped in, but a move above this level could open the door against $ 155- $ 157 zone.
While Fundamentals for Solana’s network remains strong, the wider macromium environment continues to inject volatility in crypto markets, with ongoing customs tests in US China and rising global bond yields weighing the investor’s confidence.
Technical analysis highlights
- Sun ranged from $ 147.13 to $ 152.94 and got 3.95% intradag.
- Double bottom formed nearly $ 147.50, signaling a potential trend reversal.
- Resistance develops to $ 152.50- $ 153.00 that closes upward momentum.
- Bullish Channel Set on 6-hour chart, with volume rising on green candles.
- Coin days destroyed the spiket to 3.55 billion, its third highest reading in 2025.
- The price fell slightly in the last hour from $ 152.51 to $ 151.77 (0.48%).
- Time -Diagram shows Bearish Inland pattern; $ 150.85 is the short -term support.
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