Solana (SOL) Price Prediction For June 26
After recovering from lows near $126, the Solana price today is consolidating around $146. The short-term momentum has turned bullish, but SOL is approaching a crucial resistance zone between $146.75 and $151. With volatility compressing and major EMAs aligning overhead, traders are closely watching for a breakout confirmation.
What’s Happening With Solana’s Price?
The Solana price bounced aggressively from the $126.50 lower Bollinger Band support on June 22, forming a V-shaped recovery into the $146 zone. On the 4-hour chart, SOL is now pressing against a confluence of resistance, including the 100 EMA ($146.75), 200 EMA ($151.30), and the upper Bollinger Band ($151.71).
The Supertrend flipped bullish at $136.95, and price has since maintained its position above that level. DMI readings show +DI (22.83) rising against a falling -DI (31.68), but the ADX at 15.23 signals a weak trend. For bulls to confirm strength, ADX must rise above 20 with DI crossover confirmation.
On the 1-day chart, SOL remains range-bound within a descending Fibonacci channel. The upper bound…
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Solana (SOL) Price Prediction For June 26
After recovering from lows near $126, the Solana price today is consolidating around $146. The short-term momentum has turned bullish, but SOL is approaching a crucial resistance zone between $146.75 and $151. With volatility compressing and major EMAs aligning overhead, traders are closely watching for a breakout confirmation.
What’s Happening With Solana’s Price?
The Solana price bounced aggressively from the $126.50 lower Bollinger Band support on June 22, forming a V-shaped recovery into the $146 zone. On the 4-hour chart, SOL is now pressing against a confluence of resistance, including the 100 EMA ($146.75), 200 EMA ($151.30), and the upper Bollinger Band ($151.71).
The Supertrend flipped bullish at $136.95, and price has since maintained its position above that level. DMI readings show +DI (22.83) rising against a falling -DI (31.68), but the ADX at 15.23 signals a weak trend. For bulls to confirm strength, ADX must rise above 20 with DI crossover confirmation.
On the 1-day chart, SOL remains range-bound within a descending Fibonacci channel. The upper bound…
The post Solana (SOL) Price Prediction For June 26 appeared first on Coin Edition.
Читать больше
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