{"id":117155,"date":"2025-12-02T05:18:21","date_gmt":"2025-12-02T05:18:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=117155"},"modified":"2025-12-02T05:18:21","modified_gmt":"2025-12-02T05:18:21","slug":"solana-sol-slips-toward-key-support-while-markets-brace-for-next-big-move","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=117155","title":{"rendered":"Solana (SOL) Slips Toward Key Support While Markets Brace for Next Big Move"},"content":{"rendered":"

Solana started a fresh decline below the $135 zone. SOL price is now consolidating losses below $130 and might decline further below $125.<\/em><\/p>\n

SOL price started a fresh decline below $135 and $130 against the US Dollar.
\nThe price is now trading below $130 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if the bulls defend $125 or $120.<\/p>\n

Solana Price Dips Further<\/h2>\n

Solana price failed to remain stable above $140 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. SOL declined below the $135 and $132 support levels.<\/p>\n

The price gained bearish momentum below $130. A low was formed at $123, and the price is now consolidating losses. The price recovered a few points and tested the 23.6% Fib retracement level of the downward move from the $144 swing high to the $123 low.<\/p>\n

Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $128 level. The next major resistance is near the $130 level. The main resistance could be $134 or the 50% Fib retracement level of the downward move from the $144 swing high to the $123 low.<\/p>\n

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

There is also a key bearish trend line forming with resistance at $136 on the hourly chart of the SOL\/USD pair. A successful close above the $136 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $145 level.<\/p>\n

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

If SOL fails to rise above the $130 resistance, it could continue to move down. Initial support on the downside is near the $125 zone. The first major support is near the $122 level.<\/p>\n

A break below the $122 level might send the price toward the $120 support zone. If there is a close below the $120 support, the price could decline toward the $112 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 $125 and $122.<\/p>\n

Major Resistance Levels \u2013 $130 and $136.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh decline below the $135 zone. SOL price is now consolidating losses below $130 and might decline further below $125. SOL price started a fresh decline below $135 and $130 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a key bearish […]<\/p>\n","protected":false},"author":0,"featured_media":117156,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117155","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\/117155"}],"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=117155"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117155\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117156"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117155"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117155"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117155"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}