The Solana price has staged a notable rebound ahead of June 17, 2025, climbing toward the $157 zone after dipping below $144 earlier in the week. This recovery comes amid strengthening momentum and volume signals, with key technical indicators flashing potential upside continuation if current resistance is breached.
What’s Happening With Solana’s Price?
The Solana price today is $156.84, reflecting a 2.5% daily gain. This uptick follows a clean bullish structure break as shown on the 4-hour Smart Money Concepts chart, where a clear change of character (CHoCH) occurred just above the $145 accumulation block.
The rally has reclaimed the $152–$155 value area high from the volume profile, suggesting strong buyer interest around this liquidity cluster.
More importantly, Solana’s recent price action is being supported by a sustained shift in momentum, backed by confirmation across multiple indicators.
On the 4-hour chart, RSI is holding at 64.26, just under the overbought threshold, while MACD shows a bullish crossover, indicating sustained buying pressure. Meanwhile, CMF at 0.24 confirms net capital inflow into Solana. These indicators collectively point toward bullish market structure and rising Solana price volatility, which is a necessary component for breakouts.
The Supertrend indicator has flipped green and sits below price at $146.85, reinforcing a positive trend shift. Simultaneously, the Parabolic SAR is trailing well beneath price, adding further confluence to short-term bullish bias.
Keltner Channels and Bollinger Bands are expanding on the 4-hour chart, reflecting rising volatility. Price is currently hugging the upper bands, hinting at an ongoing attempt to stretch toward the next major resistance zone between $167 and $176, marked by a previous order block.
Why Solana Price Going Up Today
One of the key reasons why Solana price going up today is the recent invalidation of bearish liquidity grabs near $140. The Smart Money Concepts chart reveals multiple CHoCH events followed by break-of-structure (BOS) confirmations, validating bullish intent. Moreover, rising OBV and VWAP alignment above price indicate growing accumulation strength.
The directional movement index (DMI) also shows a rising +DI line above -DI with ADX trending higher, suggesting trend strength is building. The BBP (Bullish Bearish Power) also flipped positive, and ATR has ticked higher, implying wider price movement ranges ahead.
Short-Term Outlook and Price Forecast
The price must now overcome supply pressure between $158 and $160 to trigger a breakout toward $167 and the higher target of $176.72 as shown in the Volume Profile range high. A failure here could lead to retests of support at $152.71 (20-EMA) or even down to the $146–$148 supertrend base.
Forecast Table:
Level/Indicator | Value | Outlook |
Solana price today | $156.84 | Bullish intraday momentum |
Immediate resistance | $158.13–$160 | Breakout zone |
Key support | $152.71 / $146 | Support levels on pullback |
RSI (4H) | 64.26 | Bullish, near overbought |
MACD (4H) | Bullish crossover | Momentum strengthening |
Supertrend (4H) | $146.85 | Bullish bias maintained |
VWAP (30M) | $155.53 | Accumulation bias intact |
DMI | +DI > -DI | Trend forming |
BBP & ATR | Positive, rising | Volatility expansion |
The current structure suggests that unless Solana faces strong rejection near $160, further upside could materialize, especially if buying volume continues to build. Traders should monitor whether the price can close above $158 on the daily timeframe, which would confirm continuation toward $176.
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Source: https://coinedition.com/solana-sol-price-prediction-for-june-17-2025/