Solana (SOL) Price Prediction For June 24 2025
The post Solana (SOL) Price Prediction For June 24 2025 appeared on BitcoinEthereumNews.com.
The Solana price today is trading near $134.20, recovering from a recent pullback that tested lower demand zones near $124. While short-term momentum has improved, buyers are still grappling with major resistance bands overhead, making the near-term trend fragile. Although bulls are showing renewed strength, broader conditions suggest that Solana price action remains at an inflection point, especially as volatility appears ready to expand around critical levels. What’s Happening With Solana’s Price? SOLUSD price dynamics (Source: TradingView) The Solana price on June 24 trades around $134.20, recovering after a liquidity sweep toward $124.08 earlier in the week. This bounce aligns with a local demand zone identified on the lower timeframes, supported by multiple bullish signals including recent fair value gaps and trendline defense. SOLUSD price dynamics (Source: TradingView) The 4-hour chart shows resistance from the 20/50/100/200 EMA cluster, with immediate pressure near $136 and higher caps near $151. A rejection here would confirm a broader consolidation zone, while a clean break above $138 could trigger renewed upside momentum. Bollinger Keltner channels are compressing, hinting at possible Solana price volatility in the coming sessions. Support zones are being held around $128 and $124, while short-term liquidity remains concentrated between $138–$144. Solana Price: Intraday Recovery Meets Clustered Resistance SOLUSD price dynamics (Source: TradingView) The 4-hour timeframe shows a clearer picture of Solana price volatility, especially the recent CHoCH (Change of Character) near $132.40, which aligned with a demand imbalance zone. From the LuxAlgo SMC charts you shared, we can see BOS (Break of Structure) confirmation below $134.50, with significant liquidity sweeps around $128–$130. This liquidity grab has helped fuel the bounce. However, the current resistance band between $135.50 and $138.80—marked by previous EQHs and institutional supply blocks—is a red flag. The price must decisively close above these levels with supporting volume to…
