Bull for SOLSolana/USDCAPITALCOM:SOLUSDodinsloyaltyproductsSOLANA (SOL) – TECHNICAL ANALYSIS Date: June 12, 2026 Period: 00:00 UTC – 24:00 UTC MARKET CONTEXT - SOL remains in a broader bearish trend. - Price is trading below the 20, 50, 100, and 200 EMA. - The 50 SMA remains below the 200 SMA (death cross). - RSI is in oversold territory, indicating selling pressure may be exhausted. - MACD remains negative but downside momentum is weakening. KEY LEVELS Resistance Levels: R1: $68.50 R2: $70.70 R3: $73.90 R4: $77.30 Support Levels: S1: $65.25 (Pivot) S2: $63.10 S3: $59.80 S4: $57.60 4-HOUR TREND ANALYSIS EMA Structure: EMA20 < EMA50 < EMA200 This confirms: - Lower highs - Lower lows - Bearish market structure The medium-term trend remains bearish while SOL trades below the $77–$80 region. RSI ANALYSIS RSI (14): - Estimated range: 20–29 - Deeply oversold Interpretation: - Sellers have been dominant. - A short-term relief rally remains possible. - Oversold conditions do not guarantee a market bottom. MACD ANALYSIS Current Status: - MACD below signal line - Histogram contraction visible Interpretation: - Bearish momentum is slowing. - Potential bullish crossover may develop in the coming sessions. - No confirmed buy signal yet. VOLUME ANALYSIS - Trading volume remains elevated. - Indicates active participation from larger market players. - Current support zone is attracting significant attention. - Possibility of capitulation followed by accumulation. SCENARIOS FOR JUNE 12 Scenario 1 – Range Day (55% Probability) Expected Trading Range: $63.00 – $69.00 Characteristics: - Buyers defend oversold levels. - Sellers continue to defend resistance. - Choppy and volatile price action. Scenario 2 – Relief Rally (30% Probability) Trigger: Break and hold above $68.50 Targets: Target 1: $70.70 Target 2: $73.90 Potential Gain: +8% to +12% Scenario 3 – Bearish Breakdown (15% Probability) Trigger: 4H close below $63.10 Targets: Target 1: $59.80 Target 2: $57.60 This would confirm another bearish leg lower. SMART MONEY / LIQUIDITY ZONES Short Liquidity: $69 $71 $74 Long Liquidity: $63 $60 $58 Price often seeks liquidity before making a larger directional move. TRADING BIAS Short-Term: Neutral to slightly bullish while above $63.10. Medium-Term: Bearish below $77–$80. Bullish Confirmation: Daily acceptance above $68.50. Bearish Confirmation: Break below $63.10. EXPECTED DAILY CLOSE Base Case: $66.50 – $69.50 Overall Outlook: Bearish trend remains intact, but oversold conditions increase the probability of a short-term relief bounce. Traders should monitor $68.50 for bullish continuation and $63.10 for bearish continuation. this is no finalcial advise.