{"id":40541,"date":"2026-06-03T09:07:50","date_gmt":"2026-06-03T09:07:50","guid":{"rendered":"https:\/\/zebpay.com\/in\/?p=40541"},"modified":"2026-06-03T09:07:51","modified_gmt":"2026-06-03T09:07:51","slug":"sol-technical-analysis-report-3rd-june-2026","status":"publish","type":"post","link":"https:\/\/zebpay.com\/in\/blog\/sol-technical-analysis-report-3rd-june-2026","title":{"rendered":"SOL Technical Analysis Report &#8211; 3rd June 2026"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_66_1 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/zebpay.com\/in\/blog\/sol-technical-analysis-report-3rd-june-2026\/#Latest_Updates\" title=\"Latest Updates\">Latest Updates<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/zebpay.com\/in\/blog\/sol-technical-analysis-report-3rd-june-2026\/#Technical_Chart_of_SOL\" title=\"Technical Chart of SOL\">Technical Chart of SOL<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/zebpay.com\/in\/blog\/sol-technical-analysis-report-3rd-june-2026\/#Support_and_Resistance_Levels\" title=\"Support and Resistance Levels\">Support and Resistance Levels<\/a><\/li><\/ul><\/nav><\/div>\n\n<p><strong>SOL:<\/strong> <a href=\"https:\/\/zebpay.com\/in\/buy-solana\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Solana<\/strong><\/a> is a highly functional open-source project that leverages blockchain technology\u2019s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland.<\/p>\n\n\n\n<p>The Solana protocol is designed to facilitate decentralized application (DApp) creation. It aims to improve scalability by introducing a Proof of History (PoH) consensus mechanism combined with the blockchain\u2019s underlying Proof of Stake (PoS) consensus.<\/p>\n\n\n\n<p>SOL has a market cap of $42.95 billion, as of date, while the total crypto market cap stands at $2.30 trillion. On the daily chart, Solana is currently trading around $74.44. The broader crypto market has experienced a sharp correction, with SOL declining nearly 13% over the last three sessions amid renewed geopolitical tensions and rising market uncertainty.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Latest_Updates\"><\/span><strong>Latest Updates<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Solana has introduced native subscriptions and recurring payment functionality on its blockchain, enhancing real-world utility. Additionally, Circle Internet Group recently minted 750 million USDC on Solana, signaling growing institutional confidence and increasing liquidity within the ecosystem.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Technical_Chart_of_SOL\"><\/span><strong>Technical Chart of SOL<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large is-resized\"><img decoding=\"async\" width=\"1024\" height=\"564\" src=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/06\/SOL2-1024x564.png\" alt=\"\" class=\"wp-image-40542\" style=\"width:1120px;height:auto\" srcset=\"https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/06\/SOL2-1024x564.png 1024w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/06\/SOL2-300x165.png 300w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/06\/SOL2-768x423.png 768w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/06\/SOL2-150x83.png 150w, https:\/\/zebpay.com\/in\/wp-content\/uploads\/2026\/06\/SOL2.png 1193w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><\/figure>\n\n\n\n<p>On the daily chart, SOL is trading below its Simple Moving Average (14 &amp; 21 periods) levels of $83.65 and $84.67, which are likely to act as resistance levels in the coming sessions.<\/p>\n\n\n\n<p>On the daily chart, the Relative Strength Index (RSI) is at 26.47 and the Stochastic Oscillator is at 1.06, indicating an oversold zone. The RSI is showing signs of shifting toward a positive trajectory, suggesting the potential for a bullish trend.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Support_and_Resistance_Levels\"><\/span><strong>Support and Resistance Levels<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-table\"><table><tbody><tr><td><strong>&nbsp; Support 2<\/strong><\/td><td><strong>Support 1<\/strong><\/td><td><strong>Asset (Price)<\/strong><\/td><td><strong>Resistance 1<\/strong><\/td><td><strong>Resistance 2<\/strong><\/td><\/tr><tr><td>$58.84<\/td><td>$67.20<\/td><td><strong>SOL ($74.44)<\/strong><\/td><td>$84.32<\/td><td>$96.14<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p>Above $96.14, there\u2019s a possibility of hitting the $112 level. <\/p>\n\n\n\n<p>In the grand scheme of things, <a href=\"https:\/\/zebpay.com\/in\/blog\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay blogs<\/strong><\/a> are here to provide you with crypto wisdom. Get started today and join 6 million+ registered users to explore endless features on <a href=\"https:\/\/zebpay.com\/in\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>ZebPay<\/strong><\/a>!<\/p>\n\n\n\n<div class=\"wp-block-buttons is-layout-flex wp-block-buttons-is-layout-flex\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link has-white-color has-vivid-cyan-blue-background-color has-text-color has-background has-link-color wp-element-button\" href=\"https:\/\/onboarding.zebpay.com\/onboarding?returnUrl=https%3A%2F%2Fzebpay.com%2Fapp\" target=\"_blank\" rel=\"noreferrer noopener\">TRADE NOW<\/a><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>SOL: Solana is a highly functional open-source project that leverages blockchain technology\u2019s permissionless nature to provide decentralized finance (DeFi) solutions. While the idea and initial work on the project began in 2017, Solana was officially launched in March 2020 by the Solana Foundation, headquartered in Geneva, Switzerland. The Solana protocol is designed to facilitate decentralized [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":40315,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[26],"tags":[79,16,336,290],"acf":[],"_links":{"self":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40541"}],"collection":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/comments?post=40541"}],"version-history":[{"count":1,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40541\/revisions"}],"predecessor-version":[{"id":40544,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/posts\/40541\/revisions\/40544"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media\/40315"}],"wp:attachment":[{"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/media?parent=40541"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/categories?post=40541"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/zebpay.com\/in\/wp-json\/wp\/v2\/tags?post=40541"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}