🌟Solana (SOL) Remains Firm Above $150🌟
From🌟 $132 support, 🌟
Solana rose again.
The SOL price is stabilizing and may rise over $155 barrier.
SOL price rose over🌦 $135 and $150🌦 versus the US Dollar.
The price is over 🌤$150 and the 100-hourly🌥 SMA.🌦
On the hourly SOL/USD chart, a positive trend line connects to $150 support.
If it breaks $155 barrier, the pair may rise again.
Over 10% Solana Price Gain
Like Bitcoin and Ethereum, Solana pricing built a base above $132 and increased. SOL accelerated ahead of $135 and $145 resistance.
The couple even approached $150 resistance. Price is holding gains after hitting $154.55 high. There was a slight drop below the 23.6% Fib retracement line of the $145 swing low to $155 peak upward rise.
Above $150 and the 100-hourly simple moving average, Solana trades. The hourly SOL/USD chart shows a connected positive trend line with support at $150. The trend line is at the 50% Fib retracement level of the $145 swing low to $155 high upward advance.
The price faces upward resistance at $154. Near $155 is the next significant resistance. $162 may be key barrier. Close above $162 barrier might start another steady rise. The next hurdle is $175. More advances might push the price toward $180.
A SOL pullback?
SOL may fall again if it fails to break $155 resistance. Initial downside support is $150. First significant support is around $145.
A breach below $145 might push prices to $138. If the price closes below $138, it may fall below $132.
Tech Indicators
SOL/USD hourly MACD is rising in the positive zone.
Hourly RSI – RSI for SOL/USD is over 50.
Major Support: $150 and $145.
Major Resistance: $155, $162.
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