{"id":7989,"date":"2025-11-03T06:00:17","date_gmt":"2025-11-03T06:00:17","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-nosedives-sellers-tighten-grip-recovery-attempts-fail\/"},"modified":"2025-11-03T06:00:17","modified_gmt":"2025-11-03T06:00:17","slug":"solana-sol-nosedives-sellers-tighten-grip-recovery-attempts-fail","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-nosedives-sellers-tighten-grip-recovery-attempts-fail\/","title":{"rendered":"Solana (SOL) Nosedives \u2014 Sellers Tighten Grip, Recovery Attempts Fail"},"content":{"rendered":"<p><em>Solana started a fresh decline from the $188 zone. SOL price is now consolidating losses below $180 and might decline further below $175.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $185 and $180 against the US Dollar.<\/li>\n<li>The price is now trading below $182 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $192 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could start another increase if the bulls defend $175 or $172.<\/li>\n<\/ul>\n<h2>Solana Price Dips Again<\/h2>\n<p>Solana price extended gains above $180 and $182, like Bitcoin and Ethereum. SOL even surpassed $188 before the bears appeared. A high was formed near $189 and the price dropped.<\/p>\n<p>There was a move below $185 and $180. A low was formed at $176, and the price is now consolidating losses with a bearish angle below the 23.6% Fib retracement level of the downward move from the $188 swing high to the $176 low. Besides, there is a key bearish trend line forming with resistance at $192 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading below $185 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $182 level or the 50% Fib retracement level of the downward move from the $188 swing high to the $176 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-847557\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Solana.png?resize=1024%2C493\" alt=\"Solana Price \" width=\"1024\" height=\"493\" loading=\"lazy\" \/><\/p>\n<p>The next major resistance is near the $185 level. The main resistance could be $188. A successful close above the $188 resistance zone could set the pace for another steady increase. The next key resistance is $192 and the trend line. Any more gains might send the price toward the $200 level.<\/p>\n<h2>Downside Continuation In SOL?<\/h2>\n<p>If SOL fails to rise above the $188 resistance, it could continue to move down. Initial support on the downside is near the $175 zone. The first major support is near the $172 level.<\/p>\n<p>A break below the $172 level might send the price toward the $165 support zone. If there is a close below the $165 support, the price could decline toward the $150 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 $175 and $172.<\/p>\n<p>Major Resistance Levels \u2013 $188 and $192.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh decline from the $188 zone. SOL price is now consolidating losses below $180 and might decline further below $175. SOL price started a fresh decline below $185 and $180 against the US Dollar. The price is now trading below $182 and the 100-hourly simple moving average. There is a key bearish&hellip;<\/p>\n","protected":false},"author":1,"featured_media":7990,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[174,109,251,177,117,123],"class_list":["post-7989","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\/7989","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=7989"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/7989\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/7990"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=7989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=7989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=7989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}