{"id":106330,"date":"2025-10-21T05:48:49","date_gmt":"2025-10-21T05:48:49","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=106330"},"modified":"2025-10-21T05:48:49","modified_gmt":"2025-10-21T05:48:49","slug":"solana-sol-faces-bearish-setup-price-could-resume-decline-if-175-breaks","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=106330","title":{"rendered":"Solana (SOL) Faces Bearish Setup \u2014 Price Could Resume Decline If $175 Breaks"},"content":{"rendered":"

Solana started a fresh decline from the $208 zone. SOL price is now consolidating losses below $200 and might decline further below $182.<\/em><\/p>\n

SOL price started a fresh decline below $212 and $200 against the US Dollar.
\nThe price is now trading below $200 and the 100-hourly simple moving average.
\nThere was a break below a key rising channel with support at $188 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could start another increase if the bulls defend $182 or $175.<\/p>\n

Solana Price Dips Again<\/h2>\n

Solana price extended gains above $200 and $202, like Bitcoin<\/a> and Ethereum<\/a>. SOL even surpassed $210 before the bears appeared. A high was formed near $208 and the price dropped.<\/p>\n

There was a move below $200 and $182. A low was formed at $174, and the price recently attempted a minor recovery wave. It climbed above the 50% Fib retracement level of the downward move from the $208 swing high to the $174 low.<\/p>\n

However, the bears remained active below $195. They protected the 61.8% Fib retracement level of the downward move from the $208 swing high to the $174 low. SOL is again moving below $190. Besides, there was a break below a key rising channel with support at $188 on the hourly chart of the SOL\/USD pair.<\/p>\n

Solana is now trading below $188 and the 100-hourly simple moving average. If there is a recovery wave, the price could face resistance near the $188 level. The next major resistance is near the $195 level.<\/p>\n

<\/a><\/p>\n

The main resistance could be $200. A successful close above the $200 resistance zone could set the pace for another steady increase. The next key resistance is $208. Any more gains might send the price toward the $215 level.<\/p>\n

Downside Continuation In SOL?<\/h2>\n

If SOL fails to rise above the $195 resistance, it could continue to move down. Initial support on the downside is near the $182 zone. The first major support is near the $175 level.<\/p>\n

A break below the $175 level might send the price toward the $165 support zone. If there is a close below the $165 support, the price could decline toward the $150 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n

Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n

Major Support Levels \u2013 $182 and $175.<\/p>\n

Major Resistance Levels \u2013 $195 and $200.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh decline from the $208 zone. SOL price is now consolidating losses below $200 and might decline further below $182. SOL price started a fresh decline below $212 and $200 against the US Dollar. The price is now trading below $200 and the 100-hourly simple moving average. There was a break below […]<\/p>\n","protected":false},"author":0,"featured_media":106331,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-106330","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\/106330"}],"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=106330"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/106330\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/106331"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=106330"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=106330"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=106330"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}