{"id":110836,"date":"2025-11-06T05:08:54","date_gmt":"2025-11-06T05:08:54","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=110836"},"modified":"2025-11-06T05:08:54","modified_gmt":"2025-11-06T05:08:54","slug":"solana-sol-recovery-attempt-builds-but-volume-still-signals-caution","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=110836","title":{"rendered":"Solana (SOL) Recovery Attempt Builds, But Volume Still Signals Caution"},"content":{"rendered":"

Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone.<\/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 was a break above a key bearish trend line with resistance at $155 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could continue to move up if it clears $165 and $166.<\/p>\n

Solana Price Attempts Recovery Wave<\/h2>\n

Solana price failed to remain stable above $175 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. SOL declined below the $170 and $165 support levels.<\/p>\n

The price gained bearish momentum below $160. A low was formed at $145, and the price recently started a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low.<\/p>\n

Besides, there was a break above a key bearish trend line with resistance at $155 on the hourly chart of the SOL\/USD pair. Solana is now trading below $165 and the 100-hourly simple moving average.<\/p>\n

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

On the upside, immediate resistance is near the $165 level. The next major resistance is near the $166 level and the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. The main resistance could be $172. A successful close above the $172 resistance zone could set the pace for another steady increase. The next key resistance is $180. Any more gains might send the price toward the $188 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 $160 zone. The first major support is near the $155 level.<\/p>\n

A break below the $155 level might send the price toward the $148 support zone. If there is a close below the $148 support, the price could decline toward the $142 zone in the near term.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Levels \u2013 $155 and $148.<\/p>\n

Major Resistance Levels \u2013 $165 and $166.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone. 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 was a break above […]<\/p>\n","protected":false},"author":0,"featured_media":110837,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-110836","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\/110836"}],"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=110836"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/110836\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/110837"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=110836"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=110836"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=110836"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}