nft trading que|In This ArticleZooming Out on SOL USD: Solana Price in the Long Time FrameZooming In on Solana Price

Solana was in the headlines for a long time. Though the community has been rather silent lately, the price has not increased as some expected. Is it over, or is there more bread in the token? While long-term SOL USD investors are probably not that concerned, since nothing has changed on a fundamental level, downside price action is unignorable recently, even as the Solana ETFs are still pending approval.

We can see how powerful support has been for #SOLANA around the $SOL 141 level.
Another attempt will likely result in a bounce BUT a break could be decisive for a further downside price action.
This is actually really useful information for trade placement with well defined risk… pic.twitter.com/GgPH6ZJrif

— Matthew Dixon – Veteran Financial Trader (@mdtrade) June 20, 2025

Matthew Dixon’s analysis and comments are excellent, especially for newer traders! Consider both ways the SOL USD price can go and manage risk with tight stops.

Zooming Out on SOL USD: Solana Price in the Long Time Frame

We’ve got three charts to look at – brace yourself!

(SOLUSD)

The first chart we will start our analysis on is the long-term Weekly timeframe, specifically looking at the bigger range. Solana’s price reached the 2021 bull run top at the end of 2025, which is our current resistance. In other words, it is the top of the range.

The bottom of the range might look very far down at $27. It’s good to remember that SOL spent almost a full year trading under $10 in its early days.