🚀 SOL Eyes a Recovery Run — $155 Remains the Key to Bullish Momentum
Solana has begun a rebound above $132, with the SOL price now consolidating and encountering resistance near $145.
SOL posted a strong recovery above $135 and $140 against the USD.
The price currently trades above $140 and the 100-hour SMA.
SOL/USD also broke above a bearish trendline with resistance at $140 on the hourly chart.
A move above $145 and $150 could open the door to further upside.
📈 Solana Price Attempts a Climb
After stabilizing above $130, Solana outperformed both Bitcoin and Ethereum, pushing beyond $135.
The decline from the $172 swing high to the $129 low has now retraced past the 23.6% Fib level. The break of the $140 trendline provided further bullish confirmation.
SOL is holding above the 100-hour SMA, with immediate resistance at $145, followed by a stronger barrier near $150.
Beyond that, $155—aligned with the 61.8% Fib retracement of the $172 → $129 drop—stands as the critical breakout level.
A close above $155 may ignite a renewed rally toward $165, and potentially back to $172.
📉 Could SOL Dip Again?
Failure to clear $150 could invite another pullback.
Key supports are:
$138 (initial support)
$135 (major support)
A break below $135 could send SOL toward $128, and a close under $128 may open the path to $120.
Major Support: $138, $135
Major Resistance: $150, $155
#sol #MarketPullback #AITokensRally #AltcoinMarketRecovery #YasirshahBNB $SOL
