
{"id":118077,"date":"2025-12-05T05:08:04","date_gmt":"2025-12-05T05:08:04","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=118077"},"modified":"2025-12-05T05:08:04","modified_gmt":"2025-12-05T05:08:04","slug":"solana-sol-starts-to-retreat-from-highs-as-momentum-shows-early-fatigue","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=118077","title":{"rendered":"Solana (SOL) Starts to Retreat From Highs as Momentum Shows Early Fatigue"},"content":{"rendered":"<p><em>Solana failed to stay above $144 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone.<\/em><\/p>\n<p>SOL price started a downside correction below $140 against the US Dollar.<br \/>\nThe price is now trading above $135 and the 100-hourly simple moving average.<br \/>\nThere was a break below a bullish trend line with support at $144 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could extend losses if it dips below the $135 zone.<\/p>\n<h2>Solana Price Starts Downside Correction<\/h2>\n<p>Solana price failed to surpass $148 and started a downside correction, beating <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-coils-near-highs-94k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-tightens-uptrend-3250\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL dipped below $145 and $144 to enter a short-term bearish zone.<\/p>\n<p>There was a move below the 23.6% Fib retracement level of the upward wave from the $123 swing low to the $147 high. Besides, there was a break below a bullish trend line with support at $144 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Solana_81890a.png\"><\/a><\/p>\n<p>Solana is now trading above $135 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $142 level. The next major resistance is near the $145 level. The main resistance could be $148. A successful close above the $148 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 $165 level.<\/p>\n<h2>More Losses 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 $135 zone and the 50% Fib retracement level of the upward wave from the $123 swing low to the $147 high. The first major support is near the $132 level.<\/p>\n<p>A break below the $132 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 $122 support 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 $135 and $132.<\/p>\n<p>Major Resistance Levels \u2013 $142 and $148.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana failed to stay above $144 and corrected gains. SOL price is now trading below $140 and might find bids near the $135 zone. SOL price started a downside correction below $140 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There was a break below a [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":118078,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-118077","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\/118077"}],"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=118077"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/118077\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/118078"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=118077"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=118077"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=118077"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}