
{"id":117455,"date":"2025-12-03T05:08:06","date_gmt":"2025-12-03T05:08:06","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=117455"},"modified":"2025-12-03T05:08:06","modified_gmt":"2025-12-03T05:08:06","slug":"solana-sol-strengthens-above-135-as-market-sentiment-shifts-back-toward-bulls","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=117455","title":{"rendered":"Solana (SOL) Strengthens Above $135 as Market Sentiment Shifts Back Toward Bulls"},"content":{"rendered":"<p><em>Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone.<\/em><\/p>\n<p>SOL price started a decent recovery wave above $132 and $135 against the US Dollar.<br \/>\nThe price is now trading above $135 and the 100-hourly simple moving average.<br \/>\nThere was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe price could continue to move up if it clears $140 and $142.<\/p>\n<h2>Solana Price Jumps 10%<\/h2>\n<p>Solana price remained stable and started a decent recovery wave above $130, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-rallies-into-resistance-93k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-rockets-higher-3050\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL was able to climb above the $135 level.<\/p>\n<p>There was a move above the 61.8% Fib retracement level of the downward move from the $145 swing high to the $123 low. Besides, there was a break above a key bearish trend line with resistance at $138 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading above $135 and the 100-hourly simple moving average. It is also above the 76.4% Fib retracement level of the downward move from the $145 swing high to the $123 low. On the upside, immediate resistance is near the $140 level.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Solana_def18c.png\"><\/a><\/p>\n<p>The next major resistance is near the $142 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<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $140 resistance, it could continue to move down. Initial support on the downside is near the $136 zone and the same trend line. The first major support is near the $134 level.<\/p>\n<p>A break below the $134 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 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 bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $136 and $134.<\/p>\n<p>Major Resistance Levels \u2013 $140 and $142.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone. SOL price started a decent recovery wave above $132 and $135 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break above a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":117456,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117455","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\/117455"}],"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=117455"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117455\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117456"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117455"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117455"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117455"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}