
{"id":78182,"date":"2025-07-04T05:08:38","date_gmt":"2025-07-04T05:08:38","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=78182"},"modified":"2025-07-04T05:08:38","modified_gmt":"2025-07-04T05:08:38","slug":"solana-sol-cools-after-recovery-resistance-proving-difficult-to-crack","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=78182","title":{"rendered":"Solana (SOL) Cools After Recovery \u2014 Resistance Proving Difficult to Crack"},"content":{"rendered":"<p><em>Solana started a recovery wave above the $150 zone. SOL price is now correcting gains and might struggle to rise above the $155 resistance.<\/em><\/p>\n<p>SOL price started a fresh decline after it failed to clear $155 against the US Dollar.<br \/>\nThe price is now trading near $152 and the 100-hourly simple moving average.<br \/>\nThere is a key bullish trend line forming with support at $151 on the hourly chart of the SOL\/USD pair (data source from Kraken).<br \/>\nThe pair could start a fresh increase if it clears the $156 resistance zone.<\/p>\n<h2>Solana Price Trims Gains<\/h2>\n<p>Solana price started a decent increase after it cleared the $150 resistance, like <a href=\"https:\/\/www.newsbtc.com\/analysis\/btc\/bitcoin-price-coiling-up-110k\/\" target=\"_blank\" rel=\"noopener\">Bitcoin<\/a> and <a href=\"https:\/\/www.newsbtc.com\/analysis\/eth\/ethereum-price-gathers-strength-2550\/\" target=\"_blank\" rel=\"noopener\">Ethereum<\/a>. SOL climbed above the $152 level to enter a short-term positive zone. There was a move above the 50% Fib retracement level of the downward move from the $160 swing high to the $144 low.<\/p>\n<p>However, the bears were active near the $156 resistance. They protected a move above the 76.4% Fib retracement level of the downward move from the $160 swing high to the $144 low.<\/p>\n<p>The price is now moving lower and trading below the $154 level. Solana is now trading near $152 and the 100-hourly simple moving average. There is also a key bullish trend line forming with support at $151 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><a href=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/07\/Solana_e21074.png\"><\/a><\/p>\n<p>On the upside, the price is facing resistance near the $155 level. The next major resistance is near the $156 level. The main resistance could be $160. A successful close above the $160 resistance zone could set the pace for another steady increase. The next key resistance is $162. Any more gains might send the price toward the $165 level.<\/p>\n<h2>Another Decline in SOL?<\/h2>\n<p>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 $146 level.<\/p>\n<p>A break below the $146 level might send the price toward the $142 zone. If there is a close below the $142 support, the price could decline toward the $136 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 below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $150 and $146.<\/p>\n<p>Major Resistance Levels \u2013 $155 and $160.<\/p>","protected":false},"excerpt":{"rendered":"<p>Solana started a recovery wave above the $150 zone. SOL price is now correcting gains and might struggle to rise above the $155 resistance. SOL price started a fresh decline after it failed to clear $155 against the US Dollar. The price is now trading near $152 and the 100-hourly simple moving average. There is [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":78183,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-78182","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\/78182"}],"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=78182"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/78182\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/78183"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=78182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=78182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=78182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}