{"id":125220,"date":"2026-01-07T05:08:32","date_gmt":"2026-01-07T05:08:32","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=125220"},"modified":"2026-01-07T05:08:32","modified_gmt":"2026-01-07T05:08:32","slug":"solana-sol-holds-support-post-gains-testing-bull-conviction","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=125220","title":{"rendered":"Solana (SOL) Holds Support Post-Gains, Testing Bull Conviction"},"content":{"rendered":"

Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $135 and might aim for more gains above the $140 zone.<\/em><\/p>\n

SOL price started a fresh upward move above the $135 and $138 levels against the US Dollar.
\nThe price is now trading above $135 and the 100-hourly simple moving average.
\nThere is a contracting triangle forming with support at $138 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend gains if it clears the $140 resistance zone.<\/p>\n

Solana Price Eyes Another Increase<\/h2>\n

Solana price started a decent increase after it settled above the $130 zone, like Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $135 level to enter a short-term positive zone.<\/p>\n

The price even smashed the $140 resistance. The bulls were able to push the price above $142. Recently, there were a couple of swing moves and the price dipped below the 50% Fib retracement level of the recent upward move from the $136 swing low to the $141 high.<\/p>\n

Solana is now trading above $138 and the 100-hourly simple moving average. Besides, there is a contracting triangle forming with support at $138 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

On the upside, the price is facing resistance near $140. 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 $150. Any more gains might send the price toward the $155 level.<\/p>\n

Downside Break In SOL?<\/h2>\n

If SOL fails to rise above the $142 resistance, it could start another decline. Initial support on the downside is near the $138 zone, the trend line, and the 76.4% Fib retracement level of the recent upward move from the $136 swing low to the $141 high. The first major support is near the $136 level.<\/p>\n

A break below the $136 level might send the price toward the $130 support zone. If there is a close below the $130 support, the price could decline toward the $120 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish zone.<\/p>\n

Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n

Major Support Levels \u2013 $138 and $136.<\/p>\n

Major Resistance Levels \u2013 $140 and $142.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $135 and might aim for more gains above the $140 zone. SOL price started a fresh upward move above the $135 and $138 levels against the US Dollar. The price is now trading above $135 and the 100-hourly simple moving […]<\/p>\n","protected":false},"author":0,"featured_media":125221,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-125220","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\/125220"}],"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=125220"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/125220\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/125221"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=125220"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=125220"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=125220"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}