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Crypto

Solana Price Tests Critical $145 Resistance Zone

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SOL
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Solana's price has been consolidating above $132 after a recent rally that pushed the cryptocurrency past key resistance levels. The digital asset is now facing a critical test at the $145 resistance zone, with technical indicators suggesting momentum may be cooling.

A bullish trend line has formed on the hourly chart with support at $143. Solana's price broke through $142 and entered a short-term positive zone, according to technical analysts. The cryptocurrency 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, potentially moving to $180 if momentum continues. However, failure to break $145 could trigger a pullback to the $125 support level and the trend line.

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