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15 hour ago
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Solana Price Recovers Above $135, Faces Resistance at $140

Solana is experiencing a recovery wave, climbing above the $135 mark against the US Dollar. The SOL price is currently trading above $132 and the 100-hourly simple moving average with a bullish trend line forming support at $133.

  • SOL's immediate resistance levels are at $140 and $142, with major resistance at $145.
  • A successful break above $145 could lead to further gains toward $155 and potentially $162.

Solana Price

Potential Decline in SOL

  • If Solana fails to surpass the $140 resistance, it may decline further.
  • Initial support levels are at $133 and $128, with potential declines towards $122 and possibly $115 if these supports fail.

Technical Indicators:

  • MACD for SOL/USD is losing momentum in the bullish zone.
  • RSI for SOL/USD remains above 50, indicating moderate strength.
  • Key support levels are $133 and $128, while resistance levels are $140 and $145.