{"id":163597,"date":"2026-05-11T05:28:23","date_gmt":"2026-05-11T05:28:23","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=163597"},"modified":"2026-05-11T05:28:23","modified_gmt":"2026-05-11T05:28:23","slug":"solana-sol-breakout-setup-strengthens-as-bulls-regain-full-control","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=163597","title":{"rendered":"Solana (SOL) Breakout Setup Strengthens As Bulls Regain Full Control"},"content":{"rendered":"

Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone.<\/em><\/p>\n

SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar.
\nThe price is now trading above $92 and the 100-hourly simple moving average.
\nThere is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend gains if it clears the $96.50 resistance zone.<\/p>\n

Solana Price Starts Fresh Surge<\/h2>\n

Solana price started a decent increase after it settled above the $88 zone, outperforming Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $92 level to enter a short-term positive zone.<\/p>\n

The price even smashed the $95 resistance. A high was formed at $96.85, and the price is now consolidating gains. There was a minor decline toward the 23.6% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high.<\/p>\n

Solana is now trading above $92 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

On the upside, the price is facing resistance near $96.20. The next major resistance is near the $96.50 level. The main resistance could be $98. A successful close above the $98 resistance zone could set the pace for another steady increase. The next key resistance is $102. Any more gains might send the price toward the $105 level.<\/p>\n

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

If SOL fails to rise above the $96.50 resistance, it could start another decline. Initial support on the downside is near the $94.00 zone. The first major support is near the $92.20 level, the trend line, and the 50% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high.<\/p>\n

A break below the $92.20 level might send the price toward the $90 support zone. If there is a close below the $90 support, the price could decline toward the $88 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 $94.00 and $92.20<\/p>\n

Major Resistance Levels \u2013 $96.50 and $98.00.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone. SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar. The price is now trading above $92 and the 100-hourly simple moving average. There […]<\/p>\n","protected":false},"author":0,"featured_media":163598,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-163597","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\/163597"}],"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=163597"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/163597\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/163598"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=163597"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=163597"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=163597"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}