Solana started a fresh decline below $155 and $150. SOL price tested $140 and is currently struggling to start a recovery wave.
SOL price started a fresh downward move below $150 against the US Dollar.
The price is now trading below $148 and the 100-hourly simple moving average.
There is a short-term declining channel forming with resistance at $145.50 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could start a recovery wave if it clears the $148 resistance zone.
Solana Price Revisits $140
Solana price started a fresh decline from well above $155 like Bitcoin and Ethereum. SOL gained pace and traded below the $150 level. It even tested the $140 support level.
A low was formed at $140.53 and the price is now consolidating losses. There was a minor upward move above the $142 and $143 levels. The price climbed above the 23.6% Fib retracement level of the downward move from the $161.95 swing high to the $140.53 low.
Solana is now trading well belo
We współpracy z: https://www.newsbtc.com/analysis/solana-price-sol-slips-140-2/
