Solana started a new reduction in the $ 155 zone. SOL Price is currently integrating nearly $ 145 and can extend the loss below $ 142.
- SOL Price has begun a new reduction of less than $ 150 and $ 148 for US dollars.
- The price is now less than $ 150 and is trading more than a simple moving average of 100 hours.
- In the SOL/USD pairs, the short -term rise channel or continuous pattern is supported in $ 144 in the time chart (data source of KRAKEN).
- Remove the $ 148 resistance zone to start a new increase.
Solana prices integrate profits
Solana Price has a foundation rather than $ 142 and has begun new growth, such as Bitcoin and Ethereum. SOL gained speed beyond $ 145 and $ 150 resistance.
But the bear was activated under the $ 155 resistance zone. The best was $ 153.90 and the price began a new decline. The price dropped to less than $ 150 and $ 148. The minimum is formed at $ 142.64 and the price is now integrated.
After 23.6% FIB of downward movement, the level was back at $ 153.90 to $ 142.64 at $ 142.64. Solana is now trading below $ 150 and below the average moving average. SOL/USD pairs of short -term rise channels or continuous patterns are also formed on the time chart of time by time.
Conversely, the price is faced with a resistance near $ 147. The next major resistance is nearly $ 150, and the fall of 61.8% FIB Retression from $ 153.90 to $ 142.64. The main resistance can be $ 155. Beyond the $ 155 resistance zone, successful things can set the speed for another steady increase. The next key resistance is $ 165. No more profit can spend the price to $ 180.
More losses in sol?
Another decrease may begin if the SOL does not rise beyond $ 150. The initial support of the shortcomings is near the $ 145 area. The first main support is close to $ 142.
Rest of less than $ 142 can be sent to the $ 135 area. If there is a place closer than the $ 135 support, the price can fall in the short term with $ 122.
Technical indicator
MACD -SOL/USD MACD is speeding up in Bearish Zone.
Hour time RSI (relative strength index) -RSI of SOL/USD is less than 50 levels.
Major support levels -$ 145 and $ 142.
Main resistance level -$ 147 and $ 150.