Solana Stalls at Key Resistance Zone Amid Cooling Momentum
Solana has reached a critical juncture in its recent rally, with the cryptocurrency now facing a key test at the $145 resistance zone.
The digital asset consolidated above $132 after surging past key resistance levels, but technical indicators suggest momentum may be cooling despite trading above its 100-hourly moving average.
Solana broke through $142 and entered a short-term positive zone, with immediate resistance near $145 and the next major barrier at $148.
A successful close above $150 could set the stage for gains toward $162, but failure to break $145 may trigger a pullback to the $125 support level and the trend line.