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Solana Gains Above $132, Targets $138 Resistance Zone
Solana Price Movement
- Solana's price moved above the $130 and $132 levels against the US Dollar, indicating a positive trend.
- The price is currently trading over $132 and the 100-hour simple moving average.
- A bullish trend line is forming with support at $135 on the SOL/USD hourly chart.
- If Solana clears the $140 resistance, further gains are possible.
Current Resistance and Support Levels
- Resistance: The price faces resistance at $138, with major hurdles at $140 and $145. A close above $145 could lead to increases toward $150 and $155.
- Support: Initial support lies near $134, followed by major support at $130. A break below $130 might push the price down to $128 and potentially $120.
Technical Indicators
- Hourly MACD: Showing increased momentum in the bullish zone.
- RSI: Positioned above the 50 level, indicating strength in the current uptrend.

Investors should monitor the resistance and support levels closely for potential moves in Solana's price.