{"id":61892,"date":"2025-04-25T05:08:05","date_gmt":"2025-04-25T05:08:05","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=61892"},"modified":"2025-04-25T05:08:05","modified_gmt":"2025-04-25T05:08:05","slug":"solana-sol-holding-strong-above-150-breakout-zone-in-play","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=61892","title":{"rendered":"Solana (SOL) Holding Strong Above $150 \u2014 Breakout Zone In Play"},"content":{"rendered":"

Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone.<\/em><\/p>\n

SOL price started a fresh increase above the $135 and $150 levels against the US Dollar.
\nThe price is now trading above $150 and the 100-hourly simple moving average.
\nThere is a connecting bullish trend line forming with support at $150 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase if it clears the $155 resistance zone.<\/p>\n

Solana Price Gains Over 10%<\/h2>\n

Solana price formed a base above the $132 support and started a fresh increase, like Bitcoin<\/a> and Ethereum<\/a>. SOL gained pace for a move above the $135 and $145 resistance levels.<\/p>\n

The pair even spiked toward the $150 resistance zone. A high was formed at $154.55 and the price is now consolidating gains. There was a minor move below the 23.6% Fib retracement level of the upward move from the $145 swing low to the $155 high.<\/p>\n

Solana is now trading above $150 and the 100-hourly simple moving average. There is also a connecting bullish trend line forming with support at $150 on the hourly chart of the SOL\/USD pair. The trend line is close to the 50% Fib retracement level of the upward move from the $145 swing low to the $155 high.<\/p>\n

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

On the upside, the price is facing resistance near the $154 level. The next major resistance is near the $155 level. The main resistance could be $162. A successful close above the $162 resistance zone could set the pace for another steady increase. The next key resistance is $175. Any more gains might send the price toward the $180 level.<\/p>\n

Pullback in SOL?<\/h2>\n

If SOL fails to rise above the $155 resistance, it could start another decline. Initial support on the downside is near the $150 zone. The first major support is near the $145 level.<\/p>\n

A break below the $145 level might send the price toward the $138 zone. If there is a close below the $138 support, the price could decline toward the $132 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 $150 and $145.<\/p>\n

Major Resistance Levels \u2013 $155 and $162.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase from the $132 support zone. SOL price is now consolidating and might climb further above the $155 resistance zone. SOL price started a fresh increase above the $135 and $150 levels against the US Dollar. The price is now trading above $150 and the 100-hourly simple moving average. There is […]<\/p>\n","protected":false},"author":0,"featured_media":61893,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-61892","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\/61892"}],"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=61892"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/61892\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/61893"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=61892"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=61892"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=61892"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}