<ul data-eligibleForWebStory="true"><li>Solana's price has not seen the expected increase despite being a topic of discussion recently.</li><li>Matthew Dixon's analysis suggests considering both bullish and bearish scenarios for SOL USD.</li><li>On the long-term Weekly timeframe, SOL is at resistance of the 2021 bull run top and may face support around $27.</li><li>Looking at the 1W timeframe, SOL's bottom range is around $120 with potential downside below $100.</li><li>Zooming in on the 1D timeframe, SOL shows a break of market structure and resistance at MA200.</li><li>There are untested price areas below $100, and reclaiming MA200 is crucial for further upside.</li><li>The market sentiment suggests SOL USD may move lower if MA200 is not regained.</li><li>The article discusses both bullish and bearish scenarios for Solana's price action in June.</li><li>The SOL token has experienced significant gains in late 2023 and 2024.</li><li>The article provides insights on support levels and potential price directions for Solana.</li><li>The 99Bitcoins article offers detailed analysis and market updates on Solana's price movement.</li></ul>

Solana Gears Up For Wild Ride: Unpacking SOL USD Price Action In June

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