3 Charts Explain Why $200 Remains Elusive for Solana Price 📉
Solana (SOL) is experiencing a challenging period as it trades at $145 on June 20, after a sharp 14% drop in the past month. This situation has led to diminishing trader confidence, evidenced by a 16% drop in 24-hour trading volumes to $2.64 billion at press time.
With the altcoin's sideways movement persisting, three charts have surfaced that underscore why reaching the $200 mark may remain out of reach for Solana. These indicators provide a deeper insight into the altcoin's current market dynamics and potential long-term trajectory.
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$180, a major test for Solana – A fall below this level means…
This Solana Metric Hits New ATH as SOL Price Tests Key Support
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Solana’s SOL May Sustain $140 Support Level Amid Market Volatility in June 2025
Solana Holds $140 Support as $150–$155 Pivot Zone May Lead to Breakout Toward $195
Solana Shows Potential Short-Term Bullish Momentum Near $165 Resistance Amid Trendline Break
Solana Eyes Potential Breakout as It Tests Key Resistance Between $159 and $167 Amid ETF Speculation
Solana (SOL) Price Faces Key Resistance Near $158.80 With Potential Support at $155
Solana Price May See Trend Shift If It Sustains Above $159 Following REX Shares ETF Launch
Solana Approaches Key Support Zone at $131–$126 Amid Ongoing Downtrend, Analysts Suggest Possible Outcomes
Solana Eyes Potential Breakout Above $170 Amid Rising Volume and Momentum Toward $210 Target
Solana Shows Potential to Reach $164 Amid Institutional Support and Bullish Technical Signals
Solana Sees Increased Leveraged Positions as It Approaches Key Resistance Near $175
Solana Could See Rally Toward $164 Amid Technical Breakout Signals and Growing Network Activity
Solana Retests Breakout Zone Near $159, Eyeing Potential Move Toward $185 Targets
Solana Shows Potential Uptrend With Institutional Accumulation and Fibonacci Targets Around $206 to $265
Solana Nears Key Support Amid Triangle Pattern, Possible Breakout If $170 Level Is Reclaimed
Solana Stabilizes Near $146 Support With Indicators Suggesting Possible Move Toward $160 Resistance
SOL Faces Critical Support Near $144 Amid ETF Rally Reversal, Potential for Further Correction
