{"id":126279,"date":"2026-01-12T05:08:36","date_gmt":"2026-01-12T05:08:36","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=126279"},"modified":"2026-01-12T05:08:36","modified_gmt":"2026-01-12T05:08:36","slug":"solana-sol-accelerates-higher-all-eyes-on-a-key-upside-level","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=126279","title":{"rendered":"Solana (SOL) Accelerates Higher, All Eyes on a Key Upside Level"},"content":{"rendered":"

Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone.<\/em><\/p>\n

SOL price started a fresh upward move above the $140 and $142 levels against the US Dollar.
\nThe price is now trading above $140 and the 100-hourly simple moving average.
\nThere is a bullish trend line 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 $145 resistance zone.<\/p>\n

Solana Price Outperforms Bitcoin<\/h2>\n

Solana price started a decent increase after it settled above the $132 zone, outperforming Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $138 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. A high was formed at $144, and the price is now consolidating gains above the 23.6% Fib retracement level of the recent upward move from the $135 swing low to the $144 high.<\/p>\n

Solana is now trading above $142 and the 100-hourly simple moving average. Besides, there is a bullish trend line 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 $144. The next major resistance is near the $145 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 $170 level.<\/p>\n

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

If SOL fails to rise above the $145 resistance, it could start another decline. Initial support on the downside is near the $142 zone. The first major support is near the $140 level or the 50% Fib retracement level of the recent upward move from the $135 swing low to the $144 high.<\/p>\n

A break below the $140 level might send the price toward the $138 support zone and the trend line. If there is a close below the $138 support, the price could decline toward the $132 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining 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 $140 and $138.<\/p>\n

Major Resistance Levels \u2013 $145 and $150.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone. SOL price started a fresh upward move above the $140 and $142 levels against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving […]<\/p>\n","protected":false},"author":0,"featured_media":126280,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-126279","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\/126279"}],"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=126279"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/126279\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/126280"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=126279"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=126279"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=126279"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}