Solana started a recovery wave above the $135 zone. SOL price is now consolidating and faces hurdles near the $140 zone.
SOL price started a decent recovery wave above $132 and $135 against the US Dollar.
The price is now trading above $132 and the 100-hourly simple moving average.
There is a bullish trend line forming with support at $133 on the hourly chart of the SOL/USD pair (data source from Kraken).
The price could continue to move up if it clears $140 and $142.
Solana Price Faces Resistance
Solana price remained stable and started a decent recovery wave above $130, like Bitcoin and Ethereum. SOL was able to climb above the $135 level.
There was a move toward the 61.8% Fib retracement level of the downward move from the $145 swing high to the $121 low. Besides, there is a bullish trend line forming with support at $133 on the hourly chart of the SOL/USD pair.
Solana is now trading above $134 and the 100-hourly simple moving average. On the upside, immediate resista
We współpracy z: https://www.newsbtc.com/analysis/solana-sol-pauses-at-140/
