{"id":8879,"date":"2025-12-18T06:00:24","date_gmt":"2025-12-18T06:00:24","guid":{"rendered":"https:\/\/ad-doge.com\/blog\/solana-sol-fights-to-hold-120-is-the-next-move-lower\/"},"modified":"2025-12-18T06:00:24","modified_gmt":"2025-12-18T06:00:24","slug":"solana-sol-fights-to-hold-120-is-the-next-move-lower","status":"publish","type":"post","link":"https:\/\/ad-doge.com\/blog\/solana-sol-fights-to-hold-120-is-the-next-move-lower\/","title":{"rendered":"Solana (SOL) Fights to Hold $120\u2014Is the Next Move Lower?"},"content":{"rendered":"<p><em>Solana failed to settle above $132 and nosedived. SOL price is now consolidating losses below $130 and might decline further below $120.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh decline below $130 and $128 against the US Dollar.<\/li>\n<li>The price is now trading below $128 and the 100-hourly simple moving average.<\/li>\n<li>There is a key bearish trend line forming with resistance at $131 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 $122 or $120.<\/li>\n<\/ul>\n<h2>Solana Price Dips Again<\/h2>\n<p>Solana price failed to remain stable above $132 and started a fresh decline, like Bitcoin and Ethereum. SOL declined below the $130 and $128 support levels.<\/p>\n<p>The price gained bearish momentum below $126. A low was formed at $121, and the price is now consolidating losses. The price recovered a few points and tested the 23.6% Fib retracement level of the downward move from the $134 swing high to the $121 low.<\/p>\n<p>Solana is now trading below $128 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $125 level. The next major resistance is near the $128 level or the 50% Fib retracement level of the downward move from the $134 swing high to the $121 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-867873\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2025\/12\/Solana_7c315c.png?resize=1024%2C488\" alt=\"Solana Price \" width=\"1024\" height=\"488\" loading=\"lazy\" \/><\/p>\n<p>The main resistance could be $130. There is also a key bearish trend line forming with resistance at $131 on the hourly chart of the SOL\/USD pair. A successful close above the $132 resistance zone could set the pace for another steady increase. The next key resistance is $140. Any more gains might send the price toward the $145 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $128 resistance, it could continue to move down. Initial support on the downside is near the $122 zone. The first major support is near the $120 level.<\/p>\n<p>A break below the $120 level might send the price toward the $112 support zone. If there is a close below the $112 support, the price could decline toward the $105 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 $122 and $120.<\/p>\n<p>Major Resistance Levels \u2013 $128 and $131.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana failed to settle above $132 and nosedived. SOL price is now consolidating losses below $130 and might decline further below $120. SOL price started a fresh decline below $130 and $128 against the US Dollar. The price is now trading below $128 and the 100-hourly simple moving average. There is a key bearish trend&hellip;<\/p>\n","protected":false},"author":1,"featured_media":8880,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[174,109,251,177,117,123],"class_list":["post-8879","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\/8879","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=8879"}],"version-history":[{"count":0,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/posts\/8879\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media\/8880"}],"wp:attachment":[{"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/media?parent=8879"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/categories?post=8879"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ad-doge.com\/blog\/wp-json\/wp\/v2\/tags?post=8879"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}