Solana (SOL) The price began to fall from the high, and the momentum showed weakness

Anatoly 2025-12-9 05:23 26056人围观 SOL

Solana (SOL) The price began to fall from the high, and the momentum showed weakness. Solana failed to hold above $144, and the gains fell. SOL price is currently below $140 and may find support near $135. SOL price started to fall against the US dollar,

Solana (SOL) price is starting to fall from its highs, and momentum is showing signs of weakness

Solana failed to hold above $144, and gains retreated. SOL price is currently below $140 and may find support near $135.

SOL price started to fall against the US dollar, falling below $140.
The price is currently above $135 and also above the 100 hourly simple moving average.
SOL/USD broke below the uptrend line near the $144 support on the hourly chart (Data source: Kraken).
The pair could extend its losses if it breaks below the $135 area.

Solana price begins a downward correction

Solana price failed to break above $148 and started a downward correction, underperforming. Bitcoin and Ethereum.SOL fell below $145 and $144, entering short-term bearish territory.

The SOL/USD pair price fell below the 23.6% Fibonacci retracement level of the rising move from the $123 low to $147 high. Furthermore, the price also broke below the uptrend line with support at $144 on the hourly chart of SOL/USD.

Solana is currently trading above $135 and broke above the 100 hourly simple moving average. On the upside, the price faces resistance near $142. The next major resistance is near $145. Major resistance is likely to be at $148. A successful break above the $148 resistance zone could set the stage for the next round of steady gains. The next key resistance level is $155. If the price continues to rise, a move towards $165 is possible.

Will there be more losses in SOL?

If SOL fails to break above the $145 resistance, a fresh decline could begin. Initial support on the downside is near $135 and the 50% Fibonacci retracement level of the advance from the $123 low to $147 high. The first major support level is near $132.

If it breaks below the $132 mark, the price may test towards the $128 support area. If the price closes below the $128 support, the price may further test towards the $122 support in the short term.

Technical indicators

Hourly MACD – The MACD indicator for SOL/USD is accelerating in bearish territory.

Hourly RSI (Relative Strength Index) – The RSI for SOL/USD is below the 50 level.

Major support levels – $135 and $132.

Major resistance levels – $142 and $148.

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