Solana is attempting a recovery after finding buyers at the $60 support level. The coin is now trading around $71, putting it at a key decision point on the weekly chart.
Analyst Daan Crypto Trades identified $67 as the February low, a level SOL must reclaim and hold to signal a structural shift in favor of buyers. Failing to do so could send the price back toward $60.
If SOL does hold above $67, the next targets to the upside are $79 and $95 on the weekly chart, according to the same analysis.
Analyst Matthew Dixon is watching the $68–$70 zone on the 4-hour chart. He noted that SOL has recovered from oversold RSI conditions and is moving through Fibonacci levels after bouncing from $60.
Dixon also flagged the upcoming FOMC meeting as a near-term risk. A hawkish tone from the Fed could pressure risk assets, potentially capping the rally around the $70 area.
Crypto analyst BATMAN pointed out that SOL’s weekly MACD has triggered a bullish divergence from the same structural wedge breakout that preceded a previous major bull run, a pattern traders are paying close attention to.
$SOL weekly MACD just triggered a massive bullish divergence, from the exact same structural wedge breakout that previously started the historic bullrun pic.twitter.com/zu2JfJej61
— BATMAN
(@CryptosBatman) June 14, 2026
Open interest on SOL derivatives rose 0.29% to $4.72 billion. Trading volume, however, dropped 25.83% to $4.17 billion, suggesting that while exposure remains in place, active trading has slowed.
The funding rate sits at -0.0023%, which indicates slightly negative sentiment. Traders are holding positions but leaning cautious.
Analyst BitGuru noted on June 14 that Solana appears to be stabilizing around a key support level, with buyers gradually returning to the market.
BitGuru’s near-term target is the $80–$82 range, which is seen as the next resistance zone if upward momentum continues.
$SOL is showing signs of a reversal after a strong downtrend. If buyers keep pushing from this recovery zone, a move toward $80–$82 could be the next target. pic.twitter.com/HnafRY2Y02
— BitGuru
(@bitgu_ru) June 14, 2026
At the time of the source articles, Solana was trading at $71 with a 24-hour volume of $2.76 billion and a market cap of $39.27 billion. The price was down 1.26% over 24 hours.
Matthew Dixon’s broader outlook still expects a market low around October, tied to Bitcoin’s halving cycle. He views the current move as a short-term relief rally unless SOL can sustain momentum above $70.
The post Solana (SOL) Price: SOL Flashing the Same Pattern That Started Its Last Bull Run appeared first on CoinCentral.
