Solana sun
He published a solid recovery in the last 24 hours, increasing up to 4.83% before retiring to operate around $ 152.16. While volatility remains high, cryptocurrency has formed a higher minimum pattern, which suggests an underlying resistance in the middle of a fragile backdrop.
The widest market is still focused on the renewed commercial conversations between the United States and China, which began on Monday in London. The meetings gather the senior officials, including the United States Secretary of Commerce, Howard Lutnick and Chinese vice president, He Lifeng, to address long -standing tensions on rates and technological restrictions.
While the two parties made a temporary truce last month, both have accused of setback. Analysts say that rare land export and IA chips controls remain key conflict points that could influence the feeling of the global market, including risk assets such as cryptocurrencies.
In the midst of this uncertainty, the Solana network continues to show expansion potential, with some institutions that project price objectives of up to $ 420- $ 620 in 2026. In the short term, merchants will probably see how macro developments affect the appetite for risk shops in assets such as sun.
TECHNICAL ANALYSIS
- Sol increased from $ 148.08 to $ 155.24 (range of 4.83%) before returning on return
- Price formed a clean trend channel from 09: 00–21: 00 on June 8
- High volume support established at $ 152.03, resistance at $ 154.79
- Stabilized price about $ 150.91 after correction
- Trend Channel resumed at the beginning of June 9, with a strong volume at 07:59 (54,590 units) and 08:02 (23,396 units)
- The resistance was violated at $ 150.85, followed by lateral consolidation
- Recovered price from $ 150.53 to $ 150.98 in the last candle per hour, pointing out the renewed force
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