{"id":662768,"date":"2024-12-16T05:08:29","date_gmt":"2024-12-16T05:08:29","guid":{"rendered":"https:\/\/uniquehot.com\/?p=662768"},"modified":"2024-12-16T04:00:40","modified_gmt":"2024-12-16T04:00:40","slug":"solana-sol-faces-headwinds-228","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/analysis\/solana-sol-faces-headwinds-228\/","title":{"rendered":"Solana (SOL) Faces Headwinds: Can Bulls Revive Momentum?"},"content":{"rendered":"
Solana remained stable above the $215 level. SOL price is now recovering losses and facing hurdles near the $228 and $332 levels.<\/em><\/p>\n
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SOL price started a fresh increase after it tested the $215 zone against the US Dollar.<\/li>\n
The price is now trading below $225 and the 100-hourly simple moving average.<\/li>\n
There was a break above a connecting bearish trend line with resistance at $222 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n
The pair could start a fresh increase if the bulls clear the $228 zone.<\/li>\n<\/ul>\n