
{"id":117775,"date":"2025-12-04T05:08:05","date_gmt":"2025-12-04T05:08:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=117775"},"modified":"2025-12-04T05:08:05","modified_gmt":"2025-12-04T05:08:05","slug":"solana-sol-cools-off-after-rally-while-market-eyes-a-resistance-break","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=117775","title":{"rendered":"Solana (SOL) Cools Off After Rally While Market Eyes a Resistance Break"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $142 and might aim for more gains above the $145 zone.<\/em><\/p>\n<p>SOL price started a fresh upward move above the $135 and $140 levels against the US Dollar.<br \/>\nThe price is now trading above $140 and the 100-hourly simple moving average.<br \/>\nThere is a bullish trend line forming with support at $143 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could extend gains if it clears the $145 resistance zone.<\/p>\n<h2>Solana Price Gains Momentum<\/h2>\n<p>Solana price started a decent increase after it settled above the $128 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-strengthens-again-94k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-surges-above-3200\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL climbed above the $135 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $140 resistance. The bulls were able to push the price above $142. The price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $123 swing low to the $146 high.<\/p>\n<p>Solana is now trading above $140 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $143 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Solana_d05f30.png\"><\/a><\/p>\n<p>On the upside, the price is facing resistance near $145. The next major resistance is near the $148 level. The main resistance could be $150. A successful close above the $150 resistance zone could set the pace for another steady increase. The next key resistance is $162. Any more gains might send the price toward the $180 level.<\/p>\n<h2>Another Pullback In SOL?<\/h2>\n<p>If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $143 zone and the trend line. The first major support is near the $135 level and the 50% Fib retracement level of the recent upward move from the $123 swing low to the $146 high.<\/p>\n<p>A break below the $135 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 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is losing 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 $143 and $135.<\/p>\n<p>Major Resistance Levels \u2013 $145 and $150.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $142 and might aim for more gains above the $145 zone. SOL price started a fresh upward move above the $135 and $140 levels against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":117776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-117775","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\/117775"}],"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=117775"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/117775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/117776"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=117775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=117775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=117775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}