
{"id":119227,"date":"2025-12-10T05:08:50","date_gmt":"2025-12-10T05:08:50","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=119227"},"modified":"2025-12-10T05:08:50","modified_gmt":"2025-12-10T05:08:50","slug":"solana-sol-turns-lower-from-key-zone-is-support-about-to-be-tested","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=119227","title":{"rendered":"Solana (SOL) Turns Lower From Key Zone\u2014Is Support About to Be Tested?"},"content":{"rendered":"<p><em>Solana failed to stay above $142 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 $142 against the US Dollar.<br \/>\nThe price is now trading above $135 and the 100-hourly simple moving average.<br \/>\nThere is a bullish trend line forming with support at $135 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 $145 and started a downside correction, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-shows-strength-92k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-smashes-resistance-3200\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL dipped below $142 and $140 to enter a short-term bearish zone.<\/p>\n<p>There was a move below the 50% Fib retracement level of the upward wave from the $131 swing low to the $145 high. However, the bulls are active near $136. There is also a bullish trend line forming with support at $135 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Solana_552628.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 $140 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 $142 resistance, it could start another decline. Initial support on the downside is near the $136 zone and the 61.8% Fib retracement level of the upward wave from the $131 swing low to the $145 high. The first major support is near the $135 level and the trend line.<\/p>\n<p>A break below the $135 level might send the price toward the $132 support zone. If there is a close below the $132 support, the price could decline toward the $125 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 $145.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana failed to stay above $142 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 $142 against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving average. There is a bullish trend line [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":119228,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-119227","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\/119227"}],"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=119227"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/119227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/119228"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=119227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=119227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=119227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}