{"id":115173,"date":"2025-11-24T05:18:35","date_gmt":"2025-11-24T05:18:35","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=115173"},"modified":"2025-11-24T05:18:35","modified_gmt":"2025-11-24T05:18:35","slug":"solana-sol-recovery-underway-but-momentum-still-needs-stronger-follow-through","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=115173","title":{"rendered":"Solana (SOL) Recovery Underway But Momentum Still Needs Stronger Follow-Through"},"content":{"rendered":"

Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $135 zone.<\/em><\/p>\n

SOL price started a decent recovery wave above $125 and $128 against the US Dollar.
\nThe price is now trading above $130 and the 100-hourly simple moving average.
\nThere is a bullish trend line forming with support at $130 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could continue to move up if it clears $135 and $140.<\/p>\n

Solana Price Aims Recovery<\/h2>\n

Solana price remained stable and started a decent recovery wave above $125, like Bitcoin<\/a> and Ethereum<\/a>. SOL was able to climb above the $130 level.<\/p>\n

There was a move toward the 50% Fib retracement level of the downward move from the $145 swing high to the $121 low. Besides, there is a bullish trend line forming with support at $130 on the hourly chart of the SOL\/USD pair.<\/p>\n

Solana is now trading above $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $135 level or the 61.8% Fib retracement level of the downward move from the $145 swing high to the $121 low.<\/p>\n

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

The next major resistance is near the $140 level. The main resistance could be $145. A successful close above the $145 resistance zone could set the pace for another steady increase. The next key resistance is $155. Any more gains might send the price toward the $162 level.<\/p>\n

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

If SOL fails to rise above the $135 resistance, it could continue to move down. Initial support on the downside is near the $130 zone. The first major support is near the $127 level.<\/p>\n

A break below the $127 level might send the price toward the $124 support zone. If there is a close below the $124 support, the price could decline toward the $120 zone in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish 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 $130 and $124.<\/p>\n

Major Resistance Levels \u2013 $135 and $140.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a recovery wave above the $125 zone. SOL price is now consolidating and faces hurdles near the $135 zone. SOL price started a decent recovery wave above $125 and $128 against the US Dollar. The price is now trading above $130 and the 100-hourly simple moving average. There is a bullish trend line […]<\/p>\n","protected":false},"author":0,"featured_media":115174,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-115173","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\/115173"}],"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=115173"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/115173\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/115174"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=115173"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=115173"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=115173"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}