---
title: "Solana: a near-complete unwind of the monthly range leaves price testing 67.5"
published: 2026-06-23T02:23:36.588316+00:00
type: technical_read
scope: SOL
canonical: https://moonwire.org/insights/solana-technical-read-2026-06-23.html
tags: [SOL, technical-analysis, trend, momentum, support-resistance, multi-timeframe]
---

# Solana: a near-complete unwind of the monthly range leaves price testing 67.5

> MoonWire's compute shows Solana aligned to the downside across all three timeframes, with a monthly efficiency ratio near 0.89 marking one of the most directional declines in the set. Price near 71.9 sits just above the 67.5 support our scan flags.

## Key takeaways

- Aligned-down across 3D/1W/1M; monthly efficiency ratio ~0.89 — the most directional decline in the set.
- Price near 71.9 trades below its 20-period EMA on every timeframe (3D ~76.6, 1W ~80.6, 1M ~139).
- Momentum bearish but not oversold: RSI ~40.7 (3D), ~35.2 (1W), ~40.5 (1M).
- Nearest support is 67.5 (shared 3D/1W), then 60.13; nearest resistance ~76.1 (3D) and ~90.7 (1W).
- An unmitigated bearish order block sits ~81.5-88.0 on the weekly.

## The cross-timeframe read

Solana's standout figure is how *directional* its decline has been. The monthly efficiency ratio reads **0.89 — the highest in this week's set across BTC, ETH and SOL**, meaning the move down has been almost a straight line rather than a grind. Trend reads **down on all three timeframes**, and at a last price of 71.9 price trades well below its 20-period EMA on each (about 76.6 on the 3-day, 80.6 on the weekly and 139 on the monthly).

## Trend strength and momentum

The monthly trend strength reads **strong**, the 3-day **moderate** and the weekly **weak** — the weekly efficiency ratio near 0.21 shows the recent leg has been choppier than the broader monthly decline. Momentum is **bearish** throughout: RSI near 40.7 on the 3-day, 35.2 on the weekly and 40.5 on the monthly, below the midline but clear of the sub-30 oversold zone.

## The levels in play

Price is sitting just above the nearest support our pivot scan flags at **67.5**, shared by both the 3-day and weekly; below that the scan marks 60.13. Nearest overhead resistance reads 76.1 on the 3-day and 90.7 on the weekly, with a heavily tested cluster near 92.3 (five touches) above that.

The order-block scan flags an unmitigated **bearish zone near 81.5-88.0** on the weekly, an area where prior selling concentrated; no fresh bullish zone is flagged on the shorter timeframes.

*Numbers above are from MoonWire's deterministic TA engine as of the snapshot time and describe current chart structure, not a forecast.*

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