{"id":128358,"date":"2026-01-20T05:08:19","date_gmt":"2026-01-20T05:08:19","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=128358"},"modified":"2026-01-20T05:08:19","modified_gmt":"2026-01-20T05:08:19","slug":"solana-sol-loses-its-footing-setting-the-stage-for-another-dive","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=128358","title":{"rendered":"Solana (SOL) Loses Its Footing, Setting the Stage for Another Dive"},"content":{"rendered":"

Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130.<\/em><\/p>\n

SOL price started a fresh decline below $138 and $135 against the US Dollar.
\nThe price is now trading below $135 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if the bulls defend $132 or $130.<\/p>\n

Solana Price Dips Again<\/h2>\n

Solana price failed to remain stable above $142 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. SOL declined below the $140 and $138 support levels.<\/p>\n

The price gained bearish momentum below $135. A low was formed at $130, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $130 low.<\/p>\n

Solana is now trading below $135 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $135 level. The next major resistance is near the $136 level or the 50% Fib retracement level of the downward move from the $143 swing high to the $130 low.<\/p>\n

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

The main resistance could be $140. There is also a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL\/USD pair. A successful close above the $140 resistance zone could set the pace for another steady increase. The next key resistance is $144. Any more gains might send the price toward the $150 level.<\/p>\n

Another Decline In SOL?<\/h2>\n

If SOL fails to rise above the $136 resistance, it could continue to move down. Initial support on the downside is near the $132 zone. The first major support is near the $130 level.<\/p>\n

A break below the $130 level might send the price toward the $122 support zone. If there is a close below the $122 support, the price could decline toward the $115 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

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

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

Major Support Levels \u2013 $132 and $130.<\/p>\n

Major Resistance Levels \u2013 $136 and $140.<\/p>","protected":false},"excerpt":{"rendered":"

Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130. SOL price started a fresh decline below $138 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend […]<\/p>\n","protected":false},"author":0,"featured_media":128359,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-128358","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\/128358"}],"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=128358"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/128358\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/128359"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=128358"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=128358"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=128358"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}