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.

Solana Price