{"id":97192,"date":"2025-09-17T05:08:24","date_gmt":"2025-09-17T05:08:24","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=97192"},"modified":"2025-09-17T05:08:24","modified_gmt":"2025-09-17T05:08:24","slug":"solana-sol-holds-recent-gains-key-levels-before-another-surge","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=97192","title":{"rendered":"Solana (SOL) Holds Recent Gains \u2013 Key Levels Before Another Surge"},"content":{"rendered":"

Solana started a fresh increase above the $240 zone. SOL price is now consolidating gains below $240 and might aim for another increase if it stays above $230.<\/em><\/p>\n

SOL price started a fresh upward move above the $240 and $242 levels against the US Dollar.
\nThe price is now trading below $240 and the 100-hourly simple moving average.
\nThere is a key bearish trend line forming with resistance at $238 on the hourly chart of the SOL\/USD pair (data source from Kraken).
\nThe pair could extend losses if it dips below the $230 zone.<\/p>\n

Solana Price Consolidates Gains<\/h2>\n

Solana price started a decent increase after it settled above the $220 zone, beating Bitcoin<\/a> and Ethereum<\/a>. SOL climbed above the $235 level to enter a short-term positive zone.<\/p>\n

The price even smashed the $242 resistance. The bulls were able to push the price above the $245 barrier. A high was formed at $250 and the price recently started a downside correction. There was a move below the 23.6% Fib retracement level of the upward wave from the $200 swing low to the $250 high.<\/p>\n

However, the bulls were active above $230. Solana is now trading below $240 and the 100-hourly simple moving average. On the upside, the price is facing resistance near the $238 level. Besides, there is a key bearish trend line forming with resistance at $238 on the hourly chart of the SOL\/USD pair.<\/p>\n

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

The next major resistance is near the $242 level. The main resistance could be $250. A successful close above the $250 resistance zone could set the pace for another steady increase. The next key resistance is $262. Any more gains might send the price toward the $280 level.<\/p>\n

More Downside In SOL?<\/h2>\n

If SOL fails to rise above the $238 resistance, it could start another decline. Initial support on the downside is near the $232 zone. The first major support is near the $229 level or the 50% Fib retracement level of the upward wave from the $200 swing low to the $250 high.<\/p>\n

A break below the $229 level might send the price toward the $220 support zone. If there is a close below the $220 support, the price could decline toward the $212 support in the near term.<\/p>\n

Technical Indicators<\/p>\n

Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bullish 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 $229 and $220.<\/p>\n

Major Resistance Levels \u2013 $238 and $250.<\/p>","protected":false},"excerpt":{"rendered":"

Solana started a fresh increase above the $240 zone. SOL price is now consolidating gains below $240 and might aim for another increase if it stays above $230. SOL price started a fresh upward move above the $240 and $242 levels against the US Dollar. The price is now trading below $240 and the 100-hourly […]<\/p>\n","protected":false},"author":0,"featured_media":97193,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-97192","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\/97192"}],"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=97192"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/97192\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/97193"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=97192"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=97192"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=97192"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}