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Coin Edition 2025-06-10 12:30:00

Solana (SOL) Price Prediction for June 11, 2025: SOL Reclaims $158 But Faces Heavy Resistance at $161

Solana (SOL) Price Prediction for June 11, 2025: SOL Reclaims $158 But Faces Heavy Resistance at $161

After reclaiming key support near $152, the Solana price today is trading around $158.67, marking a rebound of over 4% in the last 48 hours. This recovery follows a breakout from a falling wedge pattern visible on both the 30-minute and 4-hour charts, pushing Solana price back into a critical resistance zone between $158 and $161. However, momentum indicators are mixed, and Solana price volatility is beginning to rise again. What’s Happening With Solana’s Price? SOL price dynamics (Source: TradingView) The Solana price action began to accelerate upward on June 9 after bulls defended the $144–$152 support cluster. This level had previously served as a macro demand zone, as seen on the daily chart. Price pushed sharply higher, breaking above the descending trendline and reclaiming the 100 EMA near $158. SOL price dynamics (Source: TradingView) On the 30-minute Ichimoku chart, price is now testing the flat Kijun-Sen at $158.72 while holding just above the cloud base. Both Tenkan-Sen and Kijun-Sen are turning flat, suggesting short-term indecision. However, the breakout remains structurally intact as long as SOL holds above the cloud. SOL price dynamics (… The post Solana (SOL) Price Prediction for June 11, 2025: SOL Reclaims $158 But Faces Heavy Resistance at $161 appeared first on Coin Edition .

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