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Solana Price (SOL) Gears Up for Fresh Surge: Is More Upside Ahead? Newsbtc 1 week ago

Solana Price (SOL) Gears Up for Fresh Surge: Is More Upside Ahead? 📈

Solana is holding the $140 support and showing potential for rising above the $152 resistance zone. Currently trading near $146 and the 100-hourly simple moving average, it faces resistance at $148 according to Kraken data.

If SOL breaks the $152 resistance, it could gain bullish momentum, aiming for the next resistances at $164 and $172. Conversely, failure to rise above $148 could lead to another decline, with supports at $144, $142, and potentially $134.

The hourly MACD signals bullish momentum, and the RSI for SOL/USD is above 50, indicating a positive trend. Key support levels are $142 and $134, while major resistances are $148 and $152.

Source: www.newsbtc.com ↗

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