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Solana price faces negative outlook - Analysis - 04-06-2025
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Solana price faces negative outlook - Analysis - 04-06-2025
Jun 4, 2025 8:51 AM

SOL/USD price settled lower in latest intraday trading, amid ongoing negative pressure due to trading below the 50-day SMA, with negative signals from the Stochastic after reaching overbought levels, amid the dominance of the downward correctional trend in the short term.

Therefore we expect the price to fall and target the support of $142.00, provided the resistance of $163.65 holds on.

Todays price forecast: Bearish

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