NewsBTC
Nov 11, 2025
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Solana Moves Above $165, Faces Resistance at $172 and $175

Solana Price Movement

  • Solana (SOL) is consolidating above $165, trading above the 100-hourly simple moving average.
  • A rising channel with resistance at $175 is forming on the hourly SOL/USD chart.
  • The price needs to clear $172 and $175 for further upward movement.

Current Resistance and Support Levels

  • Immediate resistance is at $172, aligning with the 61.8% Fibonacci retracement of the $188 to $145 move.
  • Major resistance levels are at $175 and $188; surpassing these could lead to targets of $202 and $220.
  • Support is around $165 and $162; a break below $162 could target $155 or lower to $150.

Solana Price

Technical Indicators

  • Hourly MACD: Bullish momentum is increasing.
  • Hourly RSI: Above 50, indicating potential bullish strength.

Solana's price trajectory will depend on overcoming key resistance levels. A failure to breach current resistance may result in further declines.