
{"id":100735,"date":"2025-09-30T05:18:07","date_gmt":"2025-09-30T05:18:07","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=100735"},"modified":"2025-09-30T05:18:07","modified_gmt":"2025-09-30T05:18:07","slug":"solana-sol-attempts-recovery-yet-lacking-momentum-could-stall-bullish-breakout","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=100735","title":{"rendered":"Solana (SOL) Attempts Recovery \u2013 Yet Lacking Momentum Could Stall Bullish Breakout"},"content":{"rendered":"<p><em>Solana found support near the $192 zone. SOL price is now attempting to recover from above $200 and faces hurdles near $215.<\/em><\/p>\n<p>SOL price started a recovery wave above $200 and $202 against the US Dollar.<br \/>\nThe price is now trading above $202 and the 100-hourly simple moving average.<br \/>\nThere is a connecting bullish trend line forming with support at $204 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe price could start another decline if it stays below $215 and $220.<\/p>\n<h2>Solana Price Eyes Recovery<\/h2>\n<p>Solana price extended losses below $200 before the bulls took a stand, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-bounces-114k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-shows-strength-4050\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL tested the $192 zone and recently started a recovery wave.<\/p>\n<p>The price was able to surpass the $200 and $202 resistance levels. There was a move above the 23.6% Fib retracement level of the downward move from the $242 swing high to the $191 low. Besides, there is a connecting bullish trend line forming with support at $204 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>However, the price faces many hurdles near $215. Solana is now trading above $205 and the 100-hourly simple moving average. If there are more gains, the price could face resistance near the $215 level. The next major resistance is near the $216 level or the 50% Fib retracement level of the downward move from the $242 swing high to the $191 low. The main resistance could be $220.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/09\/Solana_db2efc.png\"><\/a><\/p>\n<p>A successful close above the $220 resistance zone could set the pace for another steady increase. The next key resistance is $230. Any more gains might send the price toward the $242 level.<\/p>\n<h2>Another Drop In SOL?<\/h2>\n<p>If SOL fails to rise above the $216 resistance, it could continue to move down. Initial support on the downside is near the $204 zone and the trend line. The first major support is near the $202 level.<\/p>\n<p>A break below the $202 level might send the price toward the $200 support zone. If there is a close below the $200 support, the price could decline toward the $192 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $204 and $200.<\/p>\n<p>Major Resistance Levels \u2013 $216 and $220.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana found support near the $192 zone. SOL price is now attempting to recover from above $200 and faces hurdles near $215. SOL price started a recovery wave above $200 and $202 against the US Dollar. The price is now trading above $202 and the 100-hourly simple moving average. There is a connecting bullish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":100736,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-100735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100735"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100735"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/100735\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/100736"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100735"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100735"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100735"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}