{"id":10456,"date":"2026-03-11T06:00:23","date_gmt":"2026-03-11T06:00:23","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-rejected-near-90-downtrend-threat-reappears\/"},"modified":"2026-03-11T06:00:23","modified_gmt":"2026-03-11T06:00:23","slug":"solana-sol-rejected-near-90-downtrend-threat-reappears","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-rejected-near-90-downtrend-threat-reappears\/","title":{"rendered":"Solana (SOL) Rejected Near $90, Downtrend Threat Reappears"},"content":{"rendered":"<p><em>Solana failed to settle above $90 and trimmed some gains. SOL price is now consolidating above $85 and showing a few bearish signs.<\/em><\/p>\n<ul>\n<li>SOL price started a decent recovery wave above $82 and $85 against the US Dollar.<\/li>\n<li>The price is now trading above $85 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $85.50 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to move up if it clears $88 and $90.<\/li>\n<\/ul>\n<h2>Solana Price Attempts Recovery<\/h2>\n<p>Solana price remained stable and started a decent recovery wave above $82, like Bitcoin and Ethereum. SOL was able to climb above the $85 level.<\/p>\n<p>There was a move above the 50% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Besides, there was a break above a key bearish trend line with resistance at $85.50 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>However, the bears are active near $88.80 and the 61.8% Fib retracement level of the downward move from the $94.10 swing high to the $80.29 low. Solana is now trading above $85 and the 100-hourly simple moving average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-886682\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/03\/Solana_6b95a3.png?resize=1024%2C512\" alt=\"Solana Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>On the upside, immediate resistance is near the $87.20 level. The next major resistance is near the $88.80 level. The main resistance could be $90. A successful close above the $90 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $88.80 resistance, it could continue to move down. Initial support on the downside is near the $84.50 zone. The first major support is near the $82.50 level.<\/p>\n<p>A break below the $82.50 level might send the price toward the $80 support zone. If there is a close below the $80 support, the price could decline toward the $74 zone in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is below the 50 level.<\/p>\n<p>Major Support Levels \u2013 $84.50 and $82.50.<\/p>\n<p>Major Resistance Levels \u2013 $88.80 and $90.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $90 and trimmed some gains. SOL price is now consolidating above $85 and showing a few bearish signs. SOL price started a decent recovery wave above $82 and $85 against the US Dollar. The price is now trading above $85 and the 100-hourly simple moving average. There was a break&hellip;<\/p>\n","protected":false},"author":1,"featured_media":10457,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[174,109,251,177,117,123],"class_list":["post-10456","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-sol","tag-solana","tag-solbtc","tag-solusd","tag-solusdt","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10456","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/comments?post=10456"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/10456\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/10457"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=10456"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=10456"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=10456"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}