Solana 's SOL Rebounds as Buyers Step In Above $14

SOL rebounded nearly 4% from support at $147.13, forming a double bottom that suggests strengthening momentum, according to CoinDesk Research's technical analysis model.
Price action formed resistance at $152.85, with volume rising on upward moves and 3.55 billion Coin Days Destroyed recorded.
Geopolitical risks, rising government bond yields and concerns over global economic slowdown due to the tariff war remain key macro drivers affecting short-term crypto sentiment.

SOL

showed renewed strength Saturday as it rebounded from a low of $147.13 to trade back above $151, despite lingering global macroeconomic headwinds. The recovery comes amid a spike in on-chain activity, with Coin Days Destroyed surging to 3.55 billion—its third-highest level this year—indicating movement of long-dormant tokens.

The bounce off $147 confirmed a bullish double bottom pattern, supported by rising volume and a return to a short-term bullish channel on the 6-hour chart. Solana now faces overhead resistance near $152.85, where sellers previously stepped in, but a move above that level could open the door toward the $155-$157 zon

Solana 's SOL Rebounds as Buyers Step In Above $14

Solana 's SOL Rebounds as Buyers Step In Above $147

Solana (SOL) climbs back from steep losses as renewed demand lifts price above $151, even as global market tensions continue to stir investor caution.

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