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Solana Price Consolidates Above $142, Eyes Resistance at $145
Solana (SOL) is experiencing a positive price movement, having surpassed the $135 and $140 thresholds against the US Dollar.
- SOL trades above $140 and the 100-hour simple moving average.
- A bullish trend line supports SOL at $143 on the hourly chart.
- Resistance levels are at $145 and potentially $150.
- Breaking past $150 could push SOL towards $162 or even $180.
Potential Pullback
- If SOL doesn't overcome the $145 resistance, it may decline.
- Support is at $143, with major support at $135.
- Dropping below $135 could lead to further declines toward $128 or $120.
Technical Indicators:
- MACD for SOL/USD is slowing in the bullish zone.
- RSI for SOL/USD is above the 50 level, indicating strength.
