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Ayzal

06/11 17:30

Solana Holds Above $152 as Second Round of US-China Talks Raise Hopes for Market Calm

SOL rebounded from earlier losses as traders watch US-China negotiations in London, where officials aim to resolve tariff tensions and export restrictions.

  • SOL climbed from $148.08 to $155.24 before pulling back, forming higher lows throughout the 24-hour period
  • Key resistance was confirmed at $154.79, with consolidation emerging around $151 after a high-volume rally, according to CoinDesk Research's technical analysis model.
  • Renewed US-China trade talks in London offer a potential boost to crypto sentiment if progress is made on tariffs and tech access.

Solana’s SOL 

 posted a solid recovery over the past 24 hours, rising as much as 4.83% before retreating to trade around $152.16. While volatility remains elevated, the cryptocurrency has formed a pattern of higher lows, suggesting underlying strength amid a fragile macro backdrop.

The broader market remains focused on renewed trade talks between the United States and China, which kicked off Monday in London. The meetings bring together top officials, including U.S. Commerce Secretary Howard Lutnick and Chinese Vice Premier He Lifeng, to address longstanding 1749662978591.png


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