{"id":9484,"date":"2026-01-20T05:11:03","date_gmt":"2026-01-20T05:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/solana-sol-loses-its-footing-setting-the-stage-for-another-dive\/"},"modified":"2026-01-20T05:11:03","modified_gmt":"2026-01-20T05:11:03","slug":"solana-sol-loses-its-footing-setting-the-stage-for-another-dive","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/solana-sol-loses-its-footing-setting-the-stage-for-another-dive\/","title":{"rendered":"Solana (SOL) Loses Its Footing, Setting the Stage for Another Dive"},"content":{"rendered":"<p><em>Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $138 and $135 against the US Dollar.<\/li>\n<li>The price is now trading below $135 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $140 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 $132 or $130.<\/li>\n<\/ul>\n<h2>Solana Price Dips Again<\/h2>\n<p>Solana price failed to remain stable above $142 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $140 and $138 support levels.<\/p>\n<p>The price gained bearish momentum below $135. A low was formed at $130, and the price is now consolidating losses. The price recovered a few points and climbed above the 23.6% Fib retracement level of the downward move from the $143 swing high to the $130 low.<\/p>\n<p>Solana is now trading below $135 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $135 level. The next major resistance is near the $136 level or the 50% Fib retracement level of the downward move from the $143 swing high to the $130 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-877106\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Solana_a0d428.png?resize=1024%2C488\" alt=\"Solana Price \" width=\"1024\" height=\"488\" loading=\"lazy\" \/><\/p>\n<p>The main resistance could be $140. There is also a key bearish trend line forming with resistance at $140 on the hourly chart of the SOL\/USD pair. A successful close above the $140 resistance zone could set the pace for another steady increase. The next key resistance is $144. Any more gains might send the price toward the $150 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $136 resistance, it could continue to move down. Initial support on the downside is near the $132 zone. The first major support is near the $130 level.<\/p>\n<p>A break below the $130 level might send the price toward the $122 support zone. If there is a close below the $122 support, the price could decline toward the $115 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 $132 and $130.<\/p>\n<p>Major Resistance Levels \u2013 $136 and $140.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $145 and nosedived. SOL price is now consolidating losses below $135 and might decline further below $130. SOL price started a fresh decline below $138 and $135 against the US Dollar. The price is now trading below $135 and the 100-hourly simple moving average. There is a key bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9485,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[174,121,251,177,129,76],"class_list":["post-9484","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\/9484","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=9484"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9484\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9485"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}