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Solana nears $77 resistance; a break could trigger rally to $100, but bears still control price action.

Technical Signals
16 Jun 2026
FXEmpire
View Source
Neutral
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Solana (SOL) has gained 13% in the past week, nearing a key resistance level at $77 amid easing geopolitical tensions and lower oil prices. The upcoming Federal Reserve meeting and new chairman's stance on interest rates will be crucial for SOL's next move. A break above $77 could lead to a rally toward $100, but failure to surpass this resistance may result in a drop to $50. Market momentum indicators suggest bears still dominate until confirmed otherwise.

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