Jan 26, 2026
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Solana struggles below $130 as price eyes $115 support level
Solana Price Analysis
- Solana's price dropped below $132 and $130, struggling to recover.
- Currently trading below $130 and the 100-hourly SMA.
- A bearish trend line presents resistance at $126 on the SOL/USD hourly chart.
- Possible recovery if support is maintained around $118 or $115.
Key Levels
- Immediate resistance: $125 and $126.
- Main resistance: $132, with further potential towards $140 and $144 if surpassed.
- Initial support: $119, with major support at $117 and a potential drop to $115 or $102.
Technical Indicators
- Hourly MACD shows decreasing bearish momentum.
- RSI for SOL/USD lies below 50, indicating weak buying pressure.
The Solana price is consolidating losses. A move above $132 could signal a recovery, while failure to hold above $117 might lead to further declines.