{"id":29640,"date":"2025-06-01T09:01:50","date_gmt":"2025-06-01T09:01:50","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=29640"},"modified":"2025-06-01T09:01:50","modified_gmt":"2025-06-01T09:01:50","slug":"solana-holds-near-154-after-losing-support-as-tariff-fears-rattle-markets","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=29640","title":{"rendered":"Solana Holds Near $154 After Losing Support as Tariff Fears Rattle Markets"},"content":{"rendered":"<div>\n<p>Solana (SOL) remains under pressure as macroeconomic headwinds\u2014particularly renewed tariff concerns \u2014 rattle investor confidence. <\/p>\n<p>The token is now hovering around $154.50 after establishing a tight trading range between $152.33 and $158.06, reflecting a 3.76% swing in the past 24 hours, according to CoinDesk Research&#8217;s technical analysis data model.<\/p>\n<p>Although higher lows had previously suggested resilience, SOL slipped from $156.74 to $154.86 in a single hour, breaking beneath its mid-April uptrend channel.<\/p>\n<p>Derivatives data reflects bearish sentiment: open interest in SOL futures is down 2.47% to $7.19 billion, while long liquidations surged to $30.97 million, indicating pressure on leveraged positions. Short liquidations remain minimal, reinforcing the downside bias.<\/p>\n<p>Still, institutional interest remains evident. Circle\u2019s recent $250 million USDC mint on Solana has added liquidity and cemented the chain\u2019s stablecoin leadership, with 34% of all stablecoin volume now routed through the network. Additionally, SOL Strategies\u2019 $1 billion validator fund signals sustained long-term confidence in the protocol\u2019s scalability, even as short-term price action falters.<\/p>\n<p><strong>Technical Analysis Highlights<\/strong><\/p>\n<ul>\n<li>SOL established a 5.73-point range ($152.33\u2013$158.06), indicating a 3.76% intraday swing.<\/li>\n<li>Earlier price action traced a clear ascending channel with solid support near $152.80, supported by heavy accumulation.SOL hit a session high of $158.06 during the 19:00 hour on strong volume, signaling earlier bullish momentum.<\/li>\n<li>A reversal unfolded in the early morning hours, with SOL falling from $156.74 to $154.86 on increased selling.Selling pressure peaked between 01:53\u201301:54, with over 74,000 units traded in a sharp burst.<\/li>\n<li>Short-term momentum turned bearish as lower highs and weaker volume defined the final trading stretch.As of writing, SOL is consolidating near $154.50, suggesting price stability but with downside risk if volume doesn\u2019t improve.<\/li>\n<\/ul>\n<p>External References<\/p>\n<ul>\n<li>&#8220;<a href=\"https:\/\/thecryptobasic.com\/2025\/05\/30\/solana-drops-to-163-amid-bearish-pattern-is-150-next\">Solana Drops to $163 Amid Bearish Pattern: Is $150 Next?<\/a>&#8220;, The Crypto Basic, May 30, 2025.<\/li>\n<li>&#8220;<a href=\"https:\/\/www.newsbtc.com\/news\/solana\/solana-flashes-buy-signal-159-support-key-for-rebound\/\">Solana Flashes Buy Signal \u2013 $159 Support Key For Rebound<\/a>&#8220;, NewsBTC, published May 31, 2025.<\/li>\n<\/ul>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Solana (SOL) remains under pressure as macroeconomic headwinds\u2014particularly renewed tariff concerns \u2014 rattle investor confidence. The token is now hovering around $154.50 after establishing a tight trading range between $152.33 and $158.06, reflecting a 3.76% swing in the past 24 hours, according to CoinDesk Research&#8217;s technical analysis data model. Although higher lows had previously suggested [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-29640","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29640","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=29640"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/29640\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=29640"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=29640"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=29640"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}