{"id":8051,"date":"2025-11-06T06:00:19","date_gmt":"2025-11-06T06:00:19","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-recovery-attempt-builds-but-volume-still-signals-caution\/"},"modified":"2025-11-06T06:00:19","modified_gmt":"2025-11-06T06:00:19","slug":"solana-sol-recovery-attempt-builds-but-volume-still-signals-caution","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-recovery-attempt-builds-but-volume-still-signals-caution\/","title":{"rendered":"Solana (SOL) Recovery Attempt Builds, But Volume Still Signals Caution"},"content":{"rendered":"<p><em>Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $165 and $162 against the US Dollar.<\/li>\n<li>The price is now trading below $165 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $155 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 $165 and $166.<\/li>\n<\/ul>\n<h2>Solana Price Attempts Recovery Wave<\/h2>\n<p>Solana price failed to remain stable above $175 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $170 and $165 support levels.<\/p>\n<p>The price gained bearish momentum below $160. A low was formed at $145, and the price recently started a recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $188 swing high to the $145 low.<\/p>\n<p>Besides, there was a break above a key bearish trend line with resistance at $155 on the hourly chart of the SOL\/USD pair. Solana is now trading below $165 and the 100-hourly simple moving average.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-849930\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/11\/Solana_5efb08.png?resize=1024%2C493\" alt=\"Solana Price \" width=\"1024\" height=\"493\" \/><\/p>\n<p>On the upside, immediate resistance is near the $165 level. The next major resistance is near the $166 level and the 50% Fib retracement level of the downward move from the $188 swing high to the $145 low. The main resistance could be $172. A successful close above the $172 resistance zone could set the pace for another steady increase. The next key resistance is $180. Any more gains might send the price toward the $188 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $166 resistance, it could continue to move down. Initial support on the downside is near the $160 zone. The first major support is near the $155 level.<\/p>\n<p>A break below the $155 level might send the price toward the $148 support zone. If there is a close below the $148 support, the price could decline toward the $142 zone in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bearish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $155 and $148.<\/p>\n<p>Major Resistance Levels \u2013 $165 and $166.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh decline below the $162 zone. SOL price is now attempting to recover and faces hurdles near the $166 zone. SOL price started a fresh decline below $165 and $162 against the US Dollar. The price is now trading below $165 and the 100-hourly simple moving average. There was a break above&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8052,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[174,109,251,177,117,123],"class_list":["post-8051","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\/8051","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=8051"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8052"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}