Solana Hits Critical Resistance Zone at $145

Solana's recent price rally has pushed it past key resistance levels, and the digital asset is now facing a critical test at the $145 resistance zone. According to technical indicators, the momentum may be cooling despite trading above its 100-hourly moving average.

The cryptocurrency broke through $142, entering a short-term positive zone identified by analysts. It's consolidating gains above the 23.6% Fibonacci retracement level of its recent move from a $123 swing low to a $146 high.

A bullish trend line has formed with support at $143 on the hourly chart. Solana faces immediate resistance near $145, with the next major barrier at $148. A successful close above $150 could set the stage for gains toward $162 and potentially even $180 if momentum continues.