{"id":8288,"date":"2025-11-20T05:11:03","date_gmt":"2025-11-20T05:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/solana-sol-aims-recovery-run-155-resistance-now-back-in-focus\/"},"modified":"2025-11-20T05:11:03","modified_gmt":"2025-11-20T05:11:03","slug":"solana-sol-aims-recovery-run-155-resistance-now-back-in-focus","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/solana-sol-aims-recovery-run-155-resistance-now-back-in-focus\/","title":{"rendered":"Solana (SOL) Aims Recovery Run, $155 Resistance Now Back in Focus"},"content":{"rendered":"<p><em>Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $145 zone.<\/em><\/p>\n<ul>\n<li>SOL price started a decent recovery wave above $135 and $140 against the US Dollar.<\/li>\n<li>The price is now trading above $140 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to move up if it clears $145 and $150.<\/li>\n<\/ul>\n<h2>Solana Price Aims Higher Levels<\/h2>\n<p>Solana price remained stable and started a decent recovery wave above $130, beating Bitcoin and Ethereum. SOL was able to climb above the $135 level.<\/p>\n<p>There was a move above the 23.6% Fib retracement level of the downward move from the $172 swing high to the $129 low. Besides, there was a break above a key bearish trend line with resistance at $140 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading above $140 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $145 level. The next major resistance is near the $150 level.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-855843\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Solana_140565.png?resize=1024%2C493\" alt=\"Solana Price \" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>The main resistance could be $155 and the 61.8% Fib retracement level of the downward move from the $172 swing high to the $129 low. A successful close above the $155 resistance zone could set the pace for another steady increase. The next key resistance is $165. Any more gains might send the price toward the $172 level.<\/p>\n<h2>Another Drop In SOL?<\/h2>\n<p>If SOL fails to rise above the $150 resistance, it could continue to move down. Initial support on the downside is near the $138 zone. The first major support is near the $135 level.<\/p>\n<p>A break below the $135 level might send the price toward the $128 support zone. If there is a close below the $128 support, the price could decline toward the $120 zone 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 bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $138 and $135.<\/p>\n<p>Major Resistance Levels \u2013 $150 and $155.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $145 zone. SOL price started a decent recovery wave above $135 and $140 against the US Dollar. The price is now trading above $140 and the 100-hourly simple moving average. There was a break above a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8289,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[174,121,251,177,129,76],"class_list":["post-8288","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\/8288","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=8288"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/8288\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/8289"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=8288"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=8288"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=8288"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}