$150

Solana SOL $143.86 Binance-Peg SOL 1.99% Market capitalization $0.16 billion VOL. 24 hours $0.59 billion is showing growth again, rising above $ 142. The price of SOL is consolidating in the positive zone and may try to break through the resistance near $ 150, which will open the way for further increases in the token price.

After consolidating above $ 135, the token rose above $ 140 and broke through the key $ 142 barrier. The bulls were able to push the price up to $ 148, after which the market entered a consolidation phase. Currently, SOL is trading above $ 142 and the 100-hour simple moving average, and an upward trend line is forming on the chart with support near $ 140.

On the way of cryptocurrency growth, the nearest resistance is located at $ 148, followed by $ 150 and $ 155. A successful close above $ 155 could set the pace for a new steady rise with potential targets around $ 162 and even $ 170.

If the price fails to stay above $ 148, a decline is possible. The first support is at $ 144, then $ 143, which corresponds to the 50% retracement level of the last move. A break below $ 143 could send SOL to $ 140 and even $ 135.

Technical indicators confirm the advantage of buyers: The MACD is gaining strength in the bullish zone, and the RSI is above 50. The key support levels are $ 144 and $ 140, and resistance is $ 148 and $ 150.