Solana (SOL) Accelerates Higher, All Eyes on a Key Upside Level

Solana (SOL) Accelerates Higher, All Eyes on a Key Upside Level

Solana started a fresh increase above the $140 zone. SOL price is now consolidating above $140 and might aim for more gains above the $145 zone.

Level Type Price Zone (USD) Technical Context
Immediate Support $142 Consolidation zone
Major Support $140 / $138 Bullish trend line & 100-hourly SMA
Primary Resistance $145 Short-term target
Major Resistance $150 Breakout trigger for $162

Technical Momentum and Outperformance

Solana price started a decent increase after it settled above the $132 zone, outperforming Bitcoin and Ethereum. The bulls were able to push the price above $142, forming a high at $144. If SOL fails to rise above the $145 resistance, it could start another decline toward the $138 support zone.

Technical Indicators

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