{"id":134242,"date":"2026-02-11T05:08:02","date_gmt":"2026-02-11T05:08:02","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=134242"},"modified":"2026-02-11T05:08:02","modified_gmt":"2026-02-11T05:08:02","slug":"solana-sol-under-pressure-as-downtrend-looks-ready-to-resume","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=134242","title":{"rendered":"Solana (SOL) Under Pressure As Downtrend Looks Ready To Resume"},"content":{"rendered":"

Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82.<\/em><\/p>\n

SOL price started a decent recovery wave above $78 and $82 against the US Dollar.
\nThe price is now trading below $85 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could continue to move up if it clears $85 and $90.<\/p>\n

Solana Price Faces Resistance<\/h2>\n

Solana price remained stable and started a decent recovery wave above $72, like Bitcoin<\/a> and Ethereum<\/a>. SOL was able to climb above the $80 level.<\/p>\n

There was a move above the 50% Fib retracement level of the downward move from the $106 swing high to the $68 low. However, the bears are active near $90. The price is now moving lower below $88. There is also a key bearish trend line forming with resistance at $85 on the hourly chart of the SOL\/USD pair.<\/p>\n

Solana is now trading below $85 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $85 level and the trend line. The next major resistance is near the $92 level and the 61.8% Fib retracement level of the downward move from the $106 swing high to the $68 low.<\/p>\n

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

The main resistance could be $96. A successful close above the $96 resistance zone could set the pace for another steady increase. The next key resistance is $105. Any more gains might send the price toward the $112 level.<\/p>\n

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

If SOL fails to rise above the $85 resistance, it could continue to move down. Initial support on the downside is near the $82 zone. The first major support is near the $80 level.<\/p>\n

A break below the $80 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 zone 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 $82 and $75.<\/p>\n

Major Resistance Levels \u2013 $85 and $92.<\/p>","protected":false},"excerpt":{"rendered":"

Solana failed to settle above $90 and trimmed some gains. SOL price is now facing hurdles near $88 and might decline again below $82. SOL price started a decent recovery wave above $78 and $82 against the US Dollar. The price is now trading below $85 and the 100-hourly simple moving average. There is a […]<\/p>\n","protected":false},"author":0,"featured_media":134243,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-134242","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\/134242"}],"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=134242"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/134242\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/134243"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=134242"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=134242"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=134242"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}