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    Home»Altcoins»Solana (SOL) at Crossroads — Bounce Probably If $142 Stays Intact
    Solana (SOL) at Crossroads — Bounce Probably If 2 Stays Intact
    Altcoins

    Solana (SOL) at Crossroads — Bounce Probably If $142 Stays Intact

    By Crypto EditorJuly 2, 2025Updated:July 2, 2025No Comments3 Mins Read
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    Solana began a contemporary decline and retested the $145 help zone. SOL worth is now recovering and may goal for a contemporary enhance above the $150 zone.

    • SOL worth began a contemporary decline after it didn’t clear $160 towards the US Greenback.
    • The worth is now buying and selling under $150 and the 100-hourly easy transferring common.
    • There was a break above a key bearish pattern line with resistance at $147 on the hourly chart of the SOL/USD pair (knowledge supply from Kraken).
    • The pair might begin a contemporary enhance if it clears the $152 resistance zone.

    Solana Worth Trims Positive aspects

    Solana worth struggled to proceed increased above $160 and began a contemporary decline, like Bitcoin and Ethereum. SOL declined under the $155 and $152 help ranges.

    It even dipped under $150 and examined the $145 zone. A low was fashioned at $144 and the value is now correcting some losses. There was a transfer above the 23.6% Fib retracement stage of the downward transfer from the $160 swing excessive to the $144 low.

    Apart from, there was a break above a key bearish pattern line with resistance at $147 on the hourly chart of the SOL/USD pair. Solana is now buying and selling under $150 and the 100-hourly easy transferring common.

    Solana (SOL) at Crossroads — Bounce Probably If 2 Stays Intact

    On the upside, the value is dealing with resistance close to the $150 stage. The subsequent main resistance is close to the $152 stage. It’s near the 50% Fib retracement stage of the downward transfer from the $160 swing excessive to the $144 low. The principle resistance could possibly be $155. A profitable shut above the $155 resistance zone might set the tempo for an additional regular enhance. The subsequent key resistance is $160. Any extra beneficial properties may ship the value towards the $165 stage.

    One other Decline in SOL?

    If SOL fails to rise above the $150 resistance, it might begin one other decline. Preliminary help on the draw back is close to the $145 zone. The primary main help is close to the $142 stage.

    A break under the $142 stage may ship the value towards the $136 zone. If there’s a shut under the $136 help, the value might decline towards the $125 help within the close to time period.

    Technical Indicators

    Hourly MACD – The MACD for SOL/USD is dropping tempo within the bearish zone.

    Hourly Hours RSI (Relative Power Index) – The RSI for SOL/USD is above the 50 stage.

    Main Assist Ranges – $145 and $142.

    Main Resistance Ranges – $152 and $155.



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