Lowest point was $139.07 on June 26; highest intraday spiked above $155 on June 30–July 1.
Weekly move: from ~$145 to ~$147—slightly positive overall, though price action was marked by heightened volatility.
Technical Dynamics & Chart Patterns
Resistance around $150–152: SOL repeatedly tested this level (notably on June 28 and June 30–July 1), failing to hold above it. A break above with volume could trigger bullish momentum.
Bearish indicators: As per CCN, SOL is trading within a descending channel and beneath the 20‑day EMA. The Awesome Oscillator remains negative, and a bearish EMA crossover looms—hinting at further downside risk.
Potential pullback scenario: Key support lies near $138.75–140. A breach below that could send the price toward $136 or possibly ~$126 in an extended correction.
Catalysts & Market Sentiment on SOL Price Prediction
MICRO-ETF LOOP: The Grayscale Digital Large Cap ETF was recently approved to include SOL, which generates some institutional optimism. However, this hasn’t translated into strong inflows—lacking volume and conviction.
Overall crypto mood: Traders remain cautious amid macroeconomic uncertainty. SOL’s 24‑hour trade volume (~$3.8B–4.7B) is down compared to earlier weeks.
Longer‑term tech fundamentals (e.g., network upgrades, staking features, dApp traffic): Supportive, but not yet driving immediate price action.
Trader Strategies for the Week. Bullish Breakout Setup
Entry: Buy on a clean 4‑ or 6‑hour candle close above $152–154, ideally backed by rising volume.
Targets: Near-term ~$160–165; longer-term resistance near $179–180.
Stop: Below breakout retest, around $148.
Range-Bound / Pullback Play
Entry: Short or wait to buy near support at $140, with a tight stop-loss just below.
Targets: Bounce aim at $148–150.
Stop: Below the second support around $136.
Bearish Continuation
Entry: If price breaks decisively below $138, initiate short, expecting drop to $126 area.
Targets: $136 → $126.
Stop: Above early breakout level, around $142–144.
Summary & Outlook
This week’s range: Tight between ~$140 and ~$155.
Volume & momentum are waning, suggesting caution until a strong breakout signal.
Key levels to watch:
Support: $140 → $138 → $136
Resistance: $150 → $152–155 → $160+
Scenario Watch on SOL Price Prediction:
🔼 Break above $152 with volume = bullish breakout toward $160–180.
🔽 Break below $138 = bearish slide to $126–136.
✅ Bottom Line
For traders: SOL is in a wait-and-see phase. Best approach: prepare plays around the breakout above $152 or support buy near $140 with well-defined stops. Momentum and volume will be critical to validate direction.