{"id":80792,"date":"2025-07-15T05:28:25","date_gmt":"2025-07-15T05:28:25","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=80792"},"modified":"2025-07-15T05:28:25","modified_gmt":"2025-07-15T05:28:25","slug":"solana-sol-pulls-back-can-buyers-defend-the-155-line","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=80792","title":{"rendered":"Solana (SOL) Pulls Back \u2014 Can Buyers Defend The $155 Line?"},"content":{"rendered":"

Solana started a fresh increase above the $160 zone. SOL price is now correcting gains and might find bids near the $155 support zone<\/em><\/p>\n

SOL price started a fresh upward move above the $155 and $160 levels against the US Dollar.
\nThe price is now trading below $162 and the 100-hourly simple moving average.
\nThere was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could start a fresh increase if it clears the $162 resistance zone.<\/p>\n

Solana Price Corrects Gains<\/h2>\n

Solana price started a decent increase after it cleared the $160 resistance, like Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $162 level to enter a short-term positive zone.<\/p>\n

However, the price is facing a major hurdle at $168 and $169. A high is formed at $168.60 and the price is now correcting gains. There was a move below the 50% Fib retracement level of the upward move from the $158 swing low to the $168 high.<\/p>\n

Besides, there was a break below a key bullish trend line with support at $162 on the hourly chart of the SOL\/USD pair. Solana is now trading below $162 and the 100-hourly simple moving average. It is also trading below the 76.4% Fib retracement level of the upward move from the $158 swing low to the $168 high.<\/p>\n

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

The price is now approaching the $158 support. On the upside, the price is facing resistance near the $160 level. The next major resistance is near the $162 level. The main resistance could be $1685. A successful close above the $168 resistance zone could set the pace for another steady increase. The next key resistance is $178. Any more gains might send the price toward the $185 level.<\/p>\n

More Losses in SOL?<\/h2>\n

If SOL fails to rise above the $162 resistance, it could start another decline. Initial support on the downside is near the $158 zone. The first major support is near the $155 level.<\/p>\n

A break below the $155 level might send the price toward the $150 zone. If there is a close below the $150 support, the price could decline toward the $145 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n

Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n

Major Support Levels \u2013 $158 and $155.<\/p>\n

Major Resistance Levels \u2013 $162 and $168.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $160 zone. SOL price is now correcting gains and might find bids near the $155 support zone SOL price started a fresh upward move above the $155 and $160 levels against the US Dollar. The price is now trading below $162 and the 100-hourly simple moving average. There […]<\/p>\n","protected":false},"author":0,"featured_media":80793,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-80792","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\/80792"}],"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=80792"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/80792\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/80793"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=80792"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=80792"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=80792"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}