{"id":12010,"date":"2026-06-02T05:00:28","date_gmt":"2026-06-02T05:00:28","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-risks-slipping-deeper-into-the-red-as-momentum-fades\/"},"modified":"2026-06-02T05:00:28","modified_gmt":"2026-06-02T05:00:28","slug":"solana-sol-risks-slipping-deeper-into-the-red-as-momentum-fades","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-risks-slipping-deeper-into-the-red-as-momentum-fades\/","title":{"rendered":"Solana (SOL) Risks Slipping Deeper Into The Red As Momentum Fades"},"content":{"rendered":"<p><em>Solana failed to settle above $84 and trimmed most gains. SOL price is now consolidating losses above $78 and might continue to move down.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $82 and $81.20 against the US Dollar.<\/li>\n<li>The price is now trading below $81.20 and the 100-hourly simple moving average.<\/li>\n<li>There is a bearish trend line forming with resistance at $82.00 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could start a recovery wave if the bulls defend $78.80 or $78.00.<\/li>\n<\/ul>\n<h2>Solana Price Dips From $84<\/h2>\n<p>Solana price failed to remain stable above $83.20 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $82 and $81.50 levels.<\/p>\n<p>The bears even pushed the price toward $80. A low was formed at $79.01, and the price is now consolidating losses. There was a break above the 38.2% Fib retracement level of the downward move from the $83.26 swing high to the $79.01 low.<\/p>\n<p>Solana is now trading below $81.20 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $81.10 level or the 50% Fib retracement level of the downward move from the $83.26 swing high to the $79.01 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-899050\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/06\/Solana.png?resize=1024%2C472\" alt=\"Solana Price\" width=\"1024\" height=\"472\" loading=\"lazy\" \/><\/p>\n<p>The next major resistance is near the $82.00 level. The main resistance could be $82.80. A successful close above the $82.80 resistance zone could set the pace for another steady increase. The next key resistance is $84.50. Any more gains might send the price toward the $85 level.<\/p>\n<h2>More Losses In SOL?<\/h2>\n<p>If SOL fails to rise above the $82.00 resistance, it could continue to move down. Initial support on the downside is near the $79 zone. The first major support is near the $78.00 level.<\/p>\n<p>A break below the $78.00 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $70 support 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 $79.00 and $78.00.<\/p>\n<p>Major Resistance Levels \u2013 $81.20 and $82.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $84 and trimmed most gains. SOL price is now consolidating losses above $78 and might continue to move down. SOL price started a fresh decline below $82 and $81.20 against the US Dollar. The price is now trading below $81.20 and the 100-hourly simple moving average. There is a bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":12011,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[174,109,251,177,117,123],"class_list":["post-12010","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\/12010","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=12010"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/12010\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/12011"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=12010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=12010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=12010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}