Close Menu
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
What's Hot

S&P Global expands its reach with hybrid crypto-ecosystem index

October 7, 2025

S&P Expands Into Crypto With New Multi-Asset Crypto Index

October 7, 2025

Is Bitcoin now a $57B volatility trade

October 7, 2025
Facebook X (Twitter) Instagram
Tuesday, October 7 2025
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
Facebook X (Twitter) Instagram
StreamLineCrypto.comStreamLineCrypto.com
  • Home
  • Crypto News
  • Bitcoin
  • Altcoins
  • NFT
  • Defi
  • Blockchain
  • Metaverse
  • Regulations
  • Trading
StreamLineCrypto.comStreamLineCrypto.com

SOL Hovers Near $154 After Support Break as Liquidations Rise

June 1, 2025Updated:June 1, 2025No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
SOL Hovers Near 4 After Support Break as Liquidations Rise
Share
Facebook Twitter LinkedIn Pinterest Email
ad



SOL Hovers Near $154 After Support Break as Liquidations Rise

Solana (SOL) stays below strain as macroeconomic headwinds—notably renewed tariff considerations — rattle investor confidence.

The token is now hovering round $154.50 after establishing a decent buying and selling vary between $152.33 and $158.06, reflecting a 3.76% swing previously 24 hours, in response to CoinDesk Analysis’s technical evaluation information mannequin.

Though increased lows had beforehand urged resilience, SOL slipped from $156.74 to $154.86 in a single hour, breaking beneath its mid-April uptrend channel.

Derivatives information displays bearish sentiment: open curiosity in SOL futures is down 2.47% to $7.19 billion, whereas lengthy liquidations surged to $30.97 million, indicating strain on leveraged positions. Brief liquidations stay minimal, reinforcing the draw back bias.

Nonetheless, institutional curiosity stays evident. Circle’s current $250 million USDC mint on Solana has added liquidity and cemented the chain’s stablecoin management, with 34% of all stablecoin quantity now routed via the community. Moreover, SOL Methods’ $1 billion validator fund indicators sustained long-term confidence within the protocol’s scalability, at the same time as short-term worth motion falters.

Technical Evaluation Highlights

  • SOL established a 5.73-point vary ($152.33–$158.06), indicating a 3.76% intraday swing.
  • Earlier worth motion traced a transparent ascending channel with stable assist close to $152.80, supported by heavy accumulation.SOL hit a session excessive of $158.06 in the course of the 19:00 hour on robust quantity, signaling earlier bullish momentum.
  • A reversal unfolded within the early morning hours, with SOL falling from $156.74 to $154.86 on elevated promoting.Promoting strain peaked between 01:53–01:54, with over 74,000 items traded in a pointy burst.
  • Brief-term momentum turned bearish as decrease highs and weaker quantity outlined the ultimate buying and selling stretch.As of writing, SOL is consolidating close to $154.50, suggesting worth stability however with draw back danger if quantity doesn’t enhance.

Exterior References





Source link

ad
break Hovers Liquidations Rise SOL support
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Related Posts

S&P Global expands its reach with hybrid crypto-ecosystem index

October 7, 2025

S&P Expands Into Crypto With New Multi-Asset Crypto Index

October 7, 2025

Is Bitcoin now a $57B volatility trade

October 7, 2025

Bitcoin Open Interest in Focus as Bulls Battle for $124,000

October 7, 2025
Add A Comment
Leave A Reply Cancel Reply

ad
What's New Here!
S&P Global expands its reach with hybrid crypto-ecosystem index
October 7, 2025
S&P Expands Into Crypto With New Multi-Asset Crypto Index
October 7, 2025
Is Bitcoin now a $57B volatility trade
October 7, 2025
Bitcoin Open Interest in Focus as Bulls Battle for $124,000
October 7, 2025
SBR And Bitcoin Act Are Closer Than You Think
October 7, 2025
Facebook X (Twitter) Instagram Pinterest
  • Contact Us
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms of Use
  • DMCA
© 2025 StreamlineCrypto.com - All Rights Reserved!

Type above and press Enter to search. Press Esc to cancel.