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9 hour ago
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Solana Price Recovers, Faces Resistance at $142 and $145 Levels

Solana (SOL) is experiencing a recovery from the $128 level, with current trading above $135 and the 100-hourly simple moving average.

  • The price surpassed resistance levels at $132 and $137, showing signs of a recovery wave.
  • Immediate resistance is anticipated at $142, followed by a significant barrier at $145.
  • A breakthrough above $150 could lead to further increases towards $162 and $165.
  • If unable to surpass $142, SOL might decline, with crucial support levels at $135 and $132. A drop below $125 could see further decreases to $112.

Technical indicators:

  • Hourly MACD shows bullish momentum for SOL/USD.
  • Hourly RSI is positioned above 50, indicating buying strength.

Solana Price