
{"id":165954,"date":"2026-05-15T05:08:41","date_gmt":"2026-05-15T05:08:41","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=165954"},"modified":"2026-05-15T05:08:41","modified_gmt":"2026-05-15T05:08:41","slug":"solana-sol-buyers-stay-active-though-resistance-keeps-pressure-high","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=165954","title":{"rendered":"Solana (SOL) Buyers Stay Active, Though Resistance Keeps Pressure High"},"content":{"rendered":"<p><em>Solana found support at $90 and corrected some losses. SOL price is now consolidating below $94 and might struggle to continue higher.<\/em><\/p>\n<p>SOL price started a decent recovery wave above $91 and $92 against the US Dollar.<br \/>\nThe price is now trading below $94 and the 100-hourly simple moving average.<br \/>\nThere is a bearish trend line forming with resistance at $92.90 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe price could continue to move up if it clears $92.90 and $94.00.<\/p>\n<h2>Solana Price Starts Recovery<\/h2>\n<p>Solana price remained stable and started a decent recovery wave from $90, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-spikes-higher-82k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-flashes-weakness-2320\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL was able to climb above the $91.50 level.<\/p>\n<p>There was a move above the 50% Fib retracement level of the downward move from the $95.92 swing high to the $89.89 low. However, the bears remained active below $94. There is also a bearish trend line forming with resistance at $92.90 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading below $92 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $92.90 level. The next major resistance is near the $93.60 level or the 61.8% Fib retracement level of the downward move from the $95.92 swing high to the $89.89 low.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Solana_344791.png\"><\/a><\/p>\n<p>The main resistance could be $94. A successful close above the $94 resistance zone could set the pace for another steady increase. The next key resistance is $96. Any more gains might send the price toward the $98 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $92.90 resistance, it could continue to move down. Initial support on the downside is near the $91.30 zone. The first major support is near the $90 level.<\/p>\n<p>A break below the $90 level might send the price toward the $88 support zone. If there is a close below the $88 support, the price could decline toward the $84 zone in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $91.30 and $90.00.<\/p>\n<p>Major Resistance Levels \u2013 $92.90 and $94.00.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana found support at $90 and corrected some losses. SOL price is now consolidating below $94 and might struggle to continue higher. SOL price started a decent recovery wave above $91 and $92 against the US Dollar. The price is now trading below $94 and the 100-hourly simple moving average. There is a bearish trend [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":165955,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-165954","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\/165954"}],"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=165954"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/165954\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/165955"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=165954"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=165954"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=165954"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}