{"id":9603,"date":"2026-01-26T05:11:03","date_gmt":"2026-01-26T05:11:03","guid":{"rendered":"https:\/\/bitcotasks.com\/blog\/solana-sol-slips-further-as-bears-target-deeper-support-zones\/"},"modified":"2026-01-26T05:11:03","modified_gmt":"2026-01-26T05:11:03","slug":"solana-sol-slips-further-as-bears-target-deeper-support-zones","status":"publish","type":"post","link":"https:\/\/bitcotasks.com\/blog\/solana-sol-slips-further-as-bears-target-deeper-support-zones\/","title":{"rendered":"Solana (SOL) Slips Further As Bears Target Deeper Support Zones"},"content":{"rendered":"<p><em>Solana failed to settle above $132 and extended losses. SOL price is now consolidating losses below $130 and might struggle to start a recovery wave.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $132 and $130 against the US Dollar.<\/li>\n<li>The price is now trading below $130 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $126 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 $118 or $115.<\/li>\n<\/ul>\n<h2>Solana Price Dips Further<\/h2>\n<p>Solana price failed to remain stable above $132 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $130 and $126 support levels.<\/p>\n<p>The price gained bearish momentum below $122. A low was formed at $117, 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 $132 swing high to the $117 low.<\/p>\n<p>Solana is now trading below $130 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $125 level or the 50% Fib retracement level of the downward move from the $132 swing high to the $117 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-877736\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/01\/Solana_9ea1e8.png?resize=1024%2C488\" alt=\"Solana Price \" width=\"1024\" height=\"488\" loading=\"lazy\" \/><\/p>\n<p>The next major resistance is near the $126 level. There is also a key bearish trend line forming with resistance at $126 on the hourly chart of the SOL\/USD pair. The main resistance could be $132. A successful close above the $132 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $144 level.<\/p>\n<h2>Another Drop In SOL?<\/h2>\n<p>If SOL fails to rise above the $126 resistance, it could continue to move down. Initial support on the downside is near the $119 zone. The first major support is near the $117 level.<\/p>\n<p>A break below the $117 level might send the price toward the $115 support zone. If there is a close below the $115 support, the price could decline toward the $102 support in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is losing 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 $117 and $115.<\/p>\n<p>Major Resistance Levels \u2013 $126 and $132.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $132 and extended losses. SOL price is now consolidating losses below $130 and might struggle to start a recovery wave. SOL price started a fresh decline below $132 and $130 against the US Dollar. The price is now trading below $130 and the 100-hourly simple moving average. There is a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":9604,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[62],"tags":[174,121,251,177,129,76],"class_list":["post-9603","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\/9603","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=9603"}],"version-history":[{"count":0,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/posts\/9603\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media\/9604"}],"wp:attachment":[{"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/media?parent=9603"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/categories?post=9603"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitcotasks.com\/blog\/wp-json\/wp\/v2\/tags?post=9603"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}