
{"id":162236,"date":"2026-05-07T05:48:14","date_gmt":"2026-05-07T05:48:14","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=162236"},"modified":"2026-05-07T05:48:14","modified_gmt":"2026-05-07T05:48:14","slug":"solana-sol-strength-improves-90-resistance-keeps-traders-cautious","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=162236","title":{"rendered":"Solana (SOL) Strength Improves, $90 Resistance Keeps Traders Cautious"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $86 zone. SOL price is now consolidating near $88 and might aim for more gains above the $90 zone.<\/em><\/p>\n<p>SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar.<br \/>\nThe price is now trading above $86 and the 100-hourly simple moving average.<br \/>\nThere is a bullish trend line forming with support at $87.40 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could extend gains if it clears the $90 resistance zone.<\/p>\n<h2>Solana Price Starts Fresh Increase<\/h2>\n<p>Solana price started a decent increase after it settled above the $85 zone, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-gains-82500\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-struggles-2400\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL climbed above the $86 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $88 resistance. A high was formed at $89.95, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the recent upward move from the $83.27 swing low to the $89.95 high.<\/p>\n<p>Solana is now trading above $87 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $87.40 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Solana_a20036.png\"><\/a><\/p>\n<p>On the upside, the price is facing resistance near $89. 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 $100. Any more gains might send the price toward the $102 level.<\/p>\n<h2>Downside Correction In SOL?<\/h2>\n<p>If SOL fails to rise above the $90 resistance, it could start another decline. Initial support on the downside is near the $87.40 zone. The first major support is near the $85.80 level and the 61.8% Fib retracement level of the recent upward move from the $83.27 swing low to the $89.95 high.<\/p>\n<p>A break below the $85.80 level might send the price toward the $83.20 support zone. If there is a close below the $82 support, the price could decline toward the $76.50 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is near the 50 level.<\/p>\n<p>Major Support Levels \u2013 $87.40 and $85.80<\/p>\n<p>Major Resistance Levels \u2013 $89.00 and $90.00.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $86 zone. SOL price is now consolidating near $88 and might aim for more gains above the $90 zone. SOL price started a fresh upward move above the $85 and $86 levels against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":162237,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-162236","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\/162236"}],"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=162236"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/162236\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/162237"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=162236"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=162236"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=162236"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}