Solana trimmed gains and declined below the $146 support. SOL price is consolidating and might aim for a fresh increase unless there is a break below $140.
SOL price started a fresh decline below the $146 zone against the US Dollar.
The price is now trading near $145 and the 100-hourly simple moving average.
There was a break below a key bullish trend line with support at $149 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could start a fresh increase if it stays above the $140 support zone.
Solana Price Corrects Gains
Solana price climbed above the $145 and $146 levels before the bears appeared. SOL traded as high as $152 and recently started a downside correction like Bitcoin and Ethereum.
The price declined below the $150 and $146 support levels. There was a break below a key bullish trend line with support at $149 on the hourly chart of the SOL/USD pair. The pair slipped below the 23.6% Fib retracement level of the upward move from the $133
We współpracy z: https://www.newsbtc.com/analysis/solana-sol-breakdown-142/
