{"id":110527,"date":"2025-11-05T05:48:18","date_gmt":"2025-11-05T05:48:18","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110527"},"modified":"2025-11-05T05:48:18","modified_gmt":"2025-11-05T05:48:18","slug":"solana-sol-nosedives-to-150-can-bulls-prevent-further-collapse","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110527","title":{"rendered":"Solana (SOL) Nosedives to $150, Can Bulls Prevent Further Collapse?"},"content":{"rendered":"

Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses below $165 and might decline further below $150.<\/em><\/p>\n

SOL price started a fresh decline below $165 and $162 against the US Dollar.
\nThe price is now trading below $165 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if the bulls defend $150 or $145.<\/p>\n

Solana Price Dips Heavily<\/h2>\n

Solana price failed to remain stable above $180 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. SOL declined below the $175 and $165 support levels.<\/p>\n

The price gained bearish momentum below $160. A low was formed at $145, and the price is now consolidating losses. The price recovered a few points above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low.<\/p>\n

Solana is now trading below $160 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $158 level. There is also a key bearish trend line forming with resistance at $158 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

The next major resistance is near the $162 level. The main resistance could be $166 and the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. A successful close above the $166 resistance zone could set the pace for another steady increase. The next key resistance is $175. Any more gains might send the price toward the $180 level.<\/p>\n

Another Decline In SOL?<\/h2>\n

If SOL fails to rise above the $166 resistance, it could continue to move down. Initial support on the downside is near the $155 zone. The first major support is near the $150 level.<\/p>\n

A break below the $150 level might send the price toward the $145 support zone. If there is a close below the $145 support, the price could decline toward the $132 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 $155 and $150.<\/p>\n

Major Resistance Levels \u2013 $162 and $166.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses below $165 and might decline further below $150. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There is a key bearish […]<\/p>\n","protected":false},"author":0,"featured_media":110528,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110527","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\/110527"}],"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=110527"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110527\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110528"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110527"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110527"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110527"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}