{"id":606338,"date":"2024-05-03T05:50:22","date_gmt":"2024-05-03T05:50:22","guid":{"rendered":"https:\/\/uniquehot.com\/?p=606338"},"modified":"2024-06-11T12:56:38","modified_gmt":"2024-06-11T12:56:38","slug":"sol-price-pops-140","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/sol-price-pops-140\/","title":{"rendered":"SOL Price Pops 10%, Can Solana Bulls Regain Strength?"},"content":{"rendered":"
Solana started a recovery wave from the $120 zone. SOL price is rising and might accelerate higher if there is a close above the $142 resistance.<\/em><\/p>\n
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SOL price recovered higher and tested the $140 resistance against the US Dollar.<\/li>\n
The price is now trading below $142 and the 100 simple moving average (4 hours).<\/li>\n
There was a break above a key bearish trend line with resistance at $132 on the 4-hour chart of the SOL\/USD pair (data source from Kraken).<\/li>\n
The pair could start another decline if it stays below $142 and $150.<\/li>\n<\/ul>\n
Solana Price Faces Resistance<\/h2>\n
Solana price extended losses below the $150 and $140 support levels. SOL tested the $120 zone and recently started an upside correction, like Bitcoin<\/a> and Ethereum<\/a>.<\/p>\n