Solana started a fresh decline from the $155 zone. SOL price is now consolidating near $145 and might extend losses below the $142 support.
SOL price started a fresh decline below the $150 and $148 levels against the US Dollar.
The price is now trading below $150 and the 100-hourly simple moving average.
There is a short-term rising channel or a continuation pattern forming with support at $144 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could start a fresh increase if it clears the $148 resistance zone.
Solana Price Consolidates Gains
Solana price formed a base above the $142 support and started a fresh increase, like Bitcoin and Ethereum. SOL gained pace for a move above the $145 and $150 resistance levels.
However, the bears were active below the $155 resistance zone. A high was formed at $153.90 and the price started a fresh decline. The price dipped below $150 and $148. A low was formed at $142.64 and the price is now consolidating lo
We współpracy z: https://www.newsbtc.com/analysis/solana-sol-downside-risk-142/
