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Solana price rebounds 10% from June low, eyes $76 if $68 resistance breaks

Technical Signals
12 Jun 2026
Crypto news
View Source
Bullish
pluang ai news

Solana's price has recovered over 10% from its June low near $61 after a sharp 36% drop from May's peak around $96. The cryptocurrency is trading within a large falling wedge pattern, signaling a potential bullish reversal if it breaks above key resistance at $68 and later $72.57. Analysts caution that a confirmed trend reversal requires a sustained advance, with targets near $70 and $76 if resistance levels are cleared. Market sentiment remains cautious due to broader crypto weakness and economic factors influencing investor behavior.

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