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Solana (SOL) Struggles to Rebound—Key Hurdles Blocking Recovery

Summary by NewsBTC
Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses and might struggle to recover above the $145 resistance. SOL price started a fresh decline below the $165 and $150 levels against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a break below a short-term rising channel with support at $144 on the hourly chart of the SOL/USD pair (data source from Krak…
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Solana Corrects Above $120, But Threatens To Fall Further

The price of Solana (SOL) has fallen to the bottom of the chart twice before rising again.

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NewsBTCNewsBTC

Solana (SOL) Struggles to Rebound—Key Hurdles Blocking Recovery

Solana started a fresh decline below the $165 zone. SOL price is now consolidating losses and might struggle to recover above the $145 resistance. SOL price started a fresh decline below the $165 and $150 levels against the US Dollar. The price is now trading below $150 and the 100-hourly simple moving average. There was a break below a short-term rising channel with support at $144 on the hourly chart of the SOL/USD pair (data source from Krak…

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NewsBTC broke the news in on Friday, March 7, 2025.
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