Solana is one of the best performing altcoins in recent times, which is feared that it has started a crucial technical phase while consolidating above an important level of support. After correcting his highs of May in the vicinity of $ 176, the SOL price seems to have found a strong demand zone between $ 147 and $ 150, a level that has worn as a basis for bullish reversations. The activity on the chain remains healthy despite the broader market consolidation, and the technicalities flash an early signs of strength.
With momentumbuilding and bulls that defend the most important levels, is the stage set for an outbreak to higher resistance zones?
The SOL price recently formed a double bottom pattern near $ 147, which confirmed a strong copper interest at this level. These levels also match the zone that has repeatedly absorbed downward pressure. So as long as this basis is good, the short -term structure Bullish remains. Now the question arises, will the Sol price rise higher than $ 160 in June 2025?
The graph patterns and the technical means suggest the formation of a bullish cup & handle pattern, both in the short and long term. After a parabolic recovery, it is about to validate the token the formation of a cup & hand pattern, with the neckline line being around $ 177 to $ 181. Such formations often indicate a trend for the front and usually dissolves for bulls when confirmed with increasing volume.
In the meantime, the momentum indicators point to a bullish thesis while the RSI activates a rebound of the lower threshold and the MACD is about to undergo a bullish crossover with a decrease in sales pressure. That is why the Solana price is expected to retain a consolidated rising trend and reach the local highlights above $ 165. Here the token can experience some bearish promotion, which could be for a short time, because a strong rebound can be on the hands of the neckline.