{"id":7890,"date":"2025-10-29T06:00:17","date_gmt":"2025-10-29T06:00:17","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-weakens-again-break-below-200-opens-door-for-further-decline\/"},"modified":"2025-10-29T06:00:17","modified_gmt":"2025-10-29T06:00:17","slug":"solana-sol-weakens-again-break-below-200-opens-door-for-further-decline","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-weakens-again-break-below-200-opens-door-for-further-decline\/","title":{"rendered":"Solana (SOL) Weakens Again \u2014 Break Below $200 Opens Door For Further Decline"},"content":{"rendered":"<p><em>Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192.<\/em><\/p>\n<ul>\n<li>SOL price started a downside correction below $200 against the US Dollar.<\/li>\n<li>The price is now trading below $198 and the 100-hourly simple moving average.<\/li>\n<li>There was a break below a bullish trend line with support at $198 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The pair could extend losses if it dips below the $192 zone.<\/li>\n<\/ul>\n<h2>Solana Price Corrects Some Gains<\/h2>\n<p>Solana price started a decent increase after it settled above the $192 zone, beating Bitcoin and Ethereum. SOL climbed above the $198 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $200 resistance. A high was formed near $205 and the price recently corrected some gains. There was a move below the 23.6% Fib retracement level of the upward wave from the $177 swing low to the $205 high.<\/p>\n<p>Besides, there was a break below a bullish trend line with support at $198 on the hourly chart of the SOL\/USD pair. Solana is now trading below $198 and the 100-hourly simple moving average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-845693\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/10\/Solana_41cc12.png?resize=1024%2C493\" alt=\"Solana Price \" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>On the upside, the price is facing resistance near the $198 level. The next major resistance is near the $200 level. The main resistance could be $205. A successful close above the $205 resistance zone could set the pace for another steady increase. The next key resistance is $212. Any more gains might send the price toward the $220 level.<\/p>\n<h2>More Losses In SOL?<\/h2>\n<p>If SOL fails to rise above the $200 resistance, it could start another decline. Initial support on the downside is near the $192 zone and the 50% Fib retracement level of the upward wave from the $177 swing low to the $205 high. The first major support is near the $188 level.<\/p>\n<p>A break below the $188 level might send the price toward the $180 support zone. If there is a close below the $180 support, the price could decline toward the $166 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 $192 and $188.<\/p>\n<p>Major Resistance Levels \u2013 $200 and $205.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to stay above $200 and corrected gains. SOL price is now trading below $200 and might decline further if it dips below $192. SOL price started a downside correction below $200 against the US Dollar. The price is now trading below $198 and the 100-hourly simple moving average. There was a break below&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7891,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[174,109,251,177,117,123],"class_list":["post-7890","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\/7890","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=7890"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7890\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/7891"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=7890"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=7890"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=7890"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}