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Solana nears key $58-$67 support zone, hinting at possible rebound to $120-$175 later this year.

Technical Signals
04 Jun 2026
Coinpaper
View Source
Bullish
pluang ai news

Solana's price has dropped to its weekly lower Bollinger Band near $67, signaling strong selling pressure and a potential oversold condition. Analysts highlight a critical support zone between $58 and $67, which could trigger a rebound if held. One analyst predicts a possible recovery toward $120-$175 later this year if Solana stabilizes above this range, while a break below $58 could lead to further declines. Trading volume has increased during the sell-off, emphasizing the importance of this support level for Solana's near-term trend.

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