{"id":135819,"date":"2026-02-17T05:08:15","date_gmt":"2026-02-17T05:08:15","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=135819"},"modified":"2026-02-17T05:08:15","modified_gmt":"2026-02-17T05:08:15","slug":"solana-sol-gears-up-for-another-rally-attempt-can-bulls-clear-92-barrier","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=135819","title":{"rendered":"Solana (SOL) Gears Up For Another Rally Attempt \u2014 Can Bulls Clear $92 Barrier?"},"content":{"rendered":"

Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term.<\/em><\/p>\n

SOL price started a downside correction below $90 against the US Dollar.
\nThe price is now trading above $85 and the 100-hourly simple moving average.
\nThere is a rising channel forming with resistance at $88 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend losses if it dips below the $85 zone.<\/p>\n

Solana Price Starts Downside Correction<\/h2>\n

Solana price failed to surpass $92 and started a downside correction, like Bitcoin<\/a> and Ethereum<\/a>. SOL dipped below $90 and $88 to enter a short-term bearish zone.<\/p>\n

There was a move below the 50% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high. However, the bulls were active above the $82 support. The price is back above $85. There is also a rising channel forming with resistance at $88 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

Solana is now trading above $85 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $88 level. The next major resistance is near the $90 level. The main resistance could be $92. A successful close above the $92 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level.<\/p>\n

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

If SOL fails to rise above the $92 resistance, it could start another decline. Initial support on the downside is near the $85 zone. The first major support is near the $82 level or the 61.8% Fib retracement level of the upward wave from the $76.54 swing low to the $91.20 high.<\/p>\n

A break below the $82 level might send the price toward the $76.50 support zone. If there is a close below the $76.50 support, the price could decline toward the $72 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 $85 and $82.<\/p>\n

Major Resistance Levels \u2013 $88 and $92.<\/p>","protected":false},"excerpt":{"rendered":"

Solana failed to stay above $90 and corrected gains. SOL price is still above $85 and might attempt another increase in the near term. SOL price started a downside correction below $90 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There is a rising channel forming […]<\/p>\n","protected":false},"author":0,"featured_media":135820,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-135819","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\/135819"}],"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=135819"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/135819\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/135820"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=135819"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=135819"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=135819"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}