{"id":7971,"date":"2025-11-04T05:11:03","date_gmt":"2025-11-04T05:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/solana-sol-decline-intensifies-bears-tighten-grip-recovery-looks-unlikely\/"},"modified":"2025-11-04T05:11:03","modified_gmt":"2025-11-04T05:11:03","slug":"solana-sol-decline-intensifies-bears-tighten-grip-recovery-looks-unlikely","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/solana-sol-decline-intensifies-bears-tighten-grip-recovery-looks-unlikely\/","title":{"rendered":"Solana (SOL) Decline Intensifies \u2014 Bears Tighten Grip, Recovery Looks Unlikely"},"content":{"rendered":"<p><em>Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $180 and $175 against the US Dollar.<\/li>\n<li>The price is now trading below $175 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could start a recovery wave if the bulls defend $165 or $162.<\/li>\n<\/ul>\n<h2>Solana Price Dips Further<\/h2>\n<p>Solana price failed to remain stable above $185 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $182 and $180 support levels.<\/p>\n<p>The price gained bearish momentum below $175. A low was formed at $163, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $188 swing high to the $163 low.<\/p>\n<p>Solana is now trading below $175 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $170 level. The next major resistance is near the $175 level or the 50% Fib retracement level of the downward move from the $188 swing high to the $163 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-848224\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Solana_78f031.png?resize=1024%2C493\" alt=\"Solana Price \" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>The main resistance could be $182. A successful close above the $182 resistance zone could set the pace for another steady increase. The next key resistance is $190. There is also a key bearish trend line forming with resistance at $191 on the hourly chart of the SOL\/USD pair. Any more gains might send the price toward the $200 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $175 resistance, it could continue to move down. Initial support on the downside is near the $165 zone. The first major support is near the $162 level.<\/p>\n<p>A break below the $162 level might send the price toward the $154 support zone. If there is a close below the $154 support, the price could decline toward the $150 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish 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 $165 and $162.<\/p>\n<p>Major Resistance Levels \u2013 $175 and $182.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh decline below the $180 zone. SOL price is now consolidating losses below $175 and might decline further below $165. SOL price started a fresh decline below $180 and $175 against the US Dollar. The price is now trading below $175 and the 100-hourly simple moving average. There is a key bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7972,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[174,121,251,177,129,76],"class_list":["post-7971","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-sol","tag-solana","tag-solbtc","tag-solusd","tag-solusdt","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7971","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/comments?post=7971"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/7971\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/7972"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=7971"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=7971"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=7971"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}