{"id":145119,"date":"2026-03-27T05:08:56","date_gmt":"2026-03-27T05:08:56","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=145119"},"modified":"2026-03-27T05:08:56","modified_gmt":"2026-03-27T05:08:56","slug":"solana-sol-hits-key-support-will-bulls-hold-the-line","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=145119","title":{"rendered":"Solana (SOL) Hits Key Support, Will Bulls Hold the Line?"},"content":{"rendered":"

Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $88 and might struggle to start a recovery wave.<\/em><\/p>\n

SOL price started a fresh decline below $90 and $88 against the US Dollar.
\nThe price is now trading below $88 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could start a recovery wave if the bulls defend $85 or $80.<\/p>\n

Solana Price Revisits $85<\/h2>\n

Solana price failed to remain stable above $93 and started a fresh decline, like Bitcoin<\/a> and Ethereum<\/a>. SOL declined below the $90 and $88 levels.<\/p>\n

The bears even pushed the price toward $85. A low was formed at $85.42, and the price is now consolidating losses below the 23.6% Fib retracement level of the downward move from the $93.40 swing high to the $85.42 low.<\/p>\n

Solana is now trading below $88 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88 level. There is also a key bearish trend line forming with resistance at $88 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

The next major resistance is near the $89.40 level or the 50% Fib retracement level of the downward move from the $93.40 swing high to the $85.42 low. 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

More Losses In SOL?<\/h2>\n

If SOL fails to rise above the $88 resistance, it could continue to move down. Initial support on the downside is near the $85 zone. The first major support is near the $82 level.<\/p>\n

A break below the $82 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $74 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 $85 and $80.<\/p>\n

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

Solana failed to settle above $92 and extended losses. SOL price is now consolidating losses below $88 and might struggle to start a recovery wave. SOL price started a fresh decline below $90 and $88 against the US Dollar. The price is now trading below $88 and the 100-hourly simple moving average. There is a […]<\/p>\n","protected":false},"author":0,"featured_media":145120,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-145119","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\/145119"}],"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=145119"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/145119\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/145120"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=145119"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=145119"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=145119"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}