NewsBTC
Jan 16, 2026
0 0

Solana falls below $145, eyes support around $140 zone

Solana Price Analysis

  • Solana (SOL) failed to maintain its position above $146, initiating a correction below $145.
  • The current trading price is under the 100-hourly simple moving average and faces resistance near $144 and $146.
  • A bullish trend line with support at $141 is forming on the hourly chart.
  • If SOL breaks below $140, further declines could target the $132 and potentially $124 support levels.
  • For upward movement, a close above the $148 resistance could lead to targets at $155 and $162.

Technical Indicators

  • Hourly MACD: Indicating increased bearish momentum.
  • Hourly RSI: Positioned below 50, suggesting weaker buying strength.
  • Major support levels are at $141 and $140; key resistances at $146 and $148.

Solana Price Chart