{"id":169113,"date":"2026-05-22T05:08:52","date_gmt":"2026-05-22T05:08:52","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=169113"},"modified":"2026-05-22T05:08:52","modified_gmt":"2026-05-22T05:08:52","slug":"solana-sol-rebound-faces-major-test-near-key-resistance-zone","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=169113","title":{"rendered":"Solana (SOL) Rebound Faces Major Test Near Key Resistance Zone"},"content":{"rendered":"

Solana found support at $83.50 and corrected some losses. SOL price is now consolidating below $88.50 and might struggle to continue higher.<\/em><\/p>\n

SOL price started a decent recovery wave above $85 and $86 against the US Dollar.
\nThe price is now trading above $86 and the 100-hourly simple moving average.
\nThere is a rising channel forming with resistance at $88.50 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe price could continue to move up if it clears $88.50 and $90.00.<\/p>\n

Solana Price Starts Recovery<\/h2>\n

Solana price remained stable and started a decent recovery wave from $83.50, like Bitcoin<\/a> and Ethereum<\/a>. SOL was able to climb above the $85 level.<\/p>\n

There was a move above the 38.2% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low. However, the bears remained active below $88. There is also a rising channel forming with resistance at $88.50 on the hourly chart of the SOL\/USD pair.<\/p>\n

Solana is now trading above $86 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88.00 level. The next major resistance is near the $88.50 level or the 50% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low.<\/p>\n

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

The main resistance could be $90. A successful close above the $90 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $94 level.<\/p>\n

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

If SOL fails to rise above the $88.50 resistance, it could continue to move down. Initial support on the downside is near the $86.20 zone. The first major support is near the $85.00 level.<\/p>\n

A break below the $85.00 level might send the price toward the $83.50 support zone. If there is a close below the $83.50 support, the price could decline toward the $80 zone in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bearish 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 $86.200 and $85.00.<\/p>\n

Major Resistance Levels \u2013 $88.50 and $90.00.<\/p>","protected":false},"excerpt":{"rendered":"

Solana found support at $83.50 and corrected some losses. SOL price is now consolidating below $88.50 and might struggle to continue higher. SOL price started a decent recovery wave above $85 and $86 against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving average. There is a rising channel […]<\/p>\n","protected":false},"author":0,"featured_media":169114,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-169113","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\/169113"}],"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=169113"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/169113\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/169114"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=169113"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=169113"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=169113"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}