
{"id":111162,"date":"2025-11-07T05:18:04","date_gmt":"2025-11-07T05:18:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=111162"},"modified":"2025-11-07T05:18:04","modified_gmt":"2025-11-07T05:18:04","slug":"solana-sol-struggles-to-rebound-165-level-proves-tough-to-crack","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=111162","title":{"rendered":"Solana (SOL) Struggles to Rebound, $165 Level Proves Tough to Crack"},"content":{"rendered":"<p><em>Solana started a fresh decline below the $165 pivot zone. SOL price is now attempting to recover and faces hurdles near the $165 zone.<\/em><\/p>\n<p>SOL price started a fresh decline below $162 and $160 against the US Dollar.<br \/>\nThe price is now trading below $162 and the 100-hourly simple moving average.<br \/>\nThere is a new bearish trend line forming with resistance at $159 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe price could continue to move up if it clears $160 and $162.<\/p>\n<h2>Solana Price Faces Hurdles<\/h2>\n<p>Solana price extended losses below $150 before the bulls appeared, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-loses-strength-102k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-weakens-again-3350\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL tested the $145 zone and recently started a recovery wave.<\/p>\n<p>There was a move above the $150 and $155 resistance levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low. However, the bears remained active near the $162-$165 resistance zone.<\/p>\n<p>Besides, there is a new bearish trend line forming with resistance at $159 on the hourly chart of the SOL\/USD pair. Solana is now trading below $162 and the 100-hourly simple moving average.<\/p>\n<p>On the upside, immediate resistance is near the $160 level and the trend line. The next major resistance is near the $162 level. The main resistance could be $165. A successful close above the $165 resistance zone could set the pace for another steady increase.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Solana_7e7068.png\"><\/a><\/p>\n<p>The next key resistance is $172 and the 61.8% Fib retracement level of the downward move from the $188 swing high to the $145 low. Any more gains might send the price toward the $180 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $160 resistance, it could continue to move down. Initial support on the downside is near the $150 zone. The first major support is near the $145 level.<\/p>\n<p>A break below the $145 level might send the price toward the $138 support zone. If there is a close below the $138 support, the price could decline toward the $130 zone 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 $150 and $145.<\/p>\n<p>Major Resistance Levels \u2013 $160 and $165.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh decline below the $165 pivot zone. SOL price is now attempting to recover and faces hurdles near the $165 zone. SOL price started a fresh decline below $162 and $160 against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There is a new [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":111163,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-111162","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\/111162"}],"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=111162"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/111162\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/111163"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=111162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=111162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=111162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}