Solana Surge Faces $150 Resistance

Solana’s Recovery Faces Resistance at $150

• Solana (SOL) began a recovery wave from the $125 support zone.
• The price is trading above $130 and the 100-hourly simple moving average.
• A bullish trend line forms with support at $134 on the hourly chart.
• Resistance levels are noted at $142, $145, and potentially $150.
• If SOL fails to rise above $142, it may decline toward the $125 zone.

Solana’s price recovery from the $125 zone has seen it climb above key resistance levels but faces challenges breaking through the significant resistance near $145 and potentially reaching $150. The current trading level is above $130 with support forming at $134.