• By admin
• 10 June, 2026

Solana price attempted to stabilize after defending a major support area near $65. SOL traded above $67 after buyers returned at levels that previously attracted demand. Analysts continue monitoring the broader $40–$60 range as a potential accumulation area. Despite the recent market weakness, network activity has remained relatively stable. However, SOL still faces resistance near $68 and $69 before a stronger recovery can develop.

Solana Price Prediction Tracks Key Fibonacci Zone

Crypto analyst Crypto Patel identified Solana’s current position within the 0.5 to 0.618 Fibonacci retracement range. The weekly chart places these levels near $70.30 and $50.02, creating a broad zone where long-term buyers may seek exposure.

SOL entered a similar technical range during an earlier market cycle before rallying by more than 2,200%. Patel used that historical move to outline a possible recovery path toward $1,000. Still, past price performance does not guarantee that Solana will repeat the same percentage gain.