
{"id":110168,"date":"2025-11-04T05:08:48","date_gmt":"2025-11-04T05:08:48","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110168"},"modified":"2025-11-04T05:08:48","modified_gmt":"2025-11-04T05:08:48","slug":"solana-sol-decline-intensifies-bears-tighten-grip-recovery-looks-unlikely","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110168","title":{"rendered":"Solana (SOL) Decline Intensifies \u2014 Bears Tighten Grip, Recovery Looks Unlikely"},"content":{"rendered":"<p><em>Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165.<\/em><\/p>\n<p>SOL price started a fresh decline below $180 and $175 against the US Dollar.<br \/>\nThe price is now trading below $175 and the 100-hourly simple moving average.<br \/>\nThere is a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe price could start a recovery wave if the bulls defend $165 or $162.<\/p>\n<h2>Solana Price Dips Further<\/h2>\n<p>Solana price failed to remain stable above $185 and started a fresh decline, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-sell-off-continues-109k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-faces-new-wave-of-selling-3550\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL declined below the $182 and $180 support levels.<\/p>\n<p>The price gained bearish momentum below $175. A low was formed at $163, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $188 swing high to the $163 low.<\/p>\n<p>Solana is now trading below $175 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $170 level. The next major resistance is near the $175 level or the 50% Fib retracement level of the downward move from the $188 swing high to the $163 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Solana_78f031.png\"><\/a><\/p>\n<p>The main resistance could be $182. A successful close above the $182 resistance zone could set the pace for another steady increase. The next key resistance is $190. There is also a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL\/USD pair. Any more gains might send the price toward the $200 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $175 resistance, it could continue to move down. Initial support on the downside is near the $165 zone. The first major support is near the $162 level.<\/p>\n<p>A break below the $162 level might send the price toward the $154 support zone. If there is a close below the $154 support, the price could decline toward the $150 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $165 and $162.<\/p>\n<p>Major Resistance Levels \u2013 $175 and $182.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165. SOL price started a fresh decline below $180 and $175 against the US Dollar. The price is now trading below $175 and the 100-hourly simple moving average. There is a key bearish [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":110169,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110168","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\/110168"}],"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=110168"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110168\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110169"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110168"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110168"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110168"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}