{"id":641883,"date":"2024-09-14T09:00:46","date_gmt":"2024-09-14T09:00:46","guid":{"rendered":"https:\/\/www.wncen.com\/?p=641883"},"modified":"2024-09-14T06:14:07","modified_gmt":"2024-09-14T06:14:07","slug":"solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details","status":"publish","type":"post","link":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/","title":{"rendered":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details"},"content":{"rendered":"

The crypto market experienced a surge on Friday, with Bitcoin leading the rally, gaining 11% since Monday. Despite this, fear remains among Solana investors as the altcoin struggled to join the market\u2019s impulse.\u00a0<\/span><\/p>\n

Related Reading: Cardano (ADA) Whales Securing Gains After 10% Upswing: What\u2019s Next?<\/a><\/div>\n

Solana faces serious risks after failing to close above the key $140 level, a price that acted as support since early August and now serves as resistance. Top analysts and investors are urging caution as SOL\u2019s inability to break through this level raises concerns about its short-term outlook.\u00a0<\/span><\/p>\n

With Solana currently trading at a critical point, the next few days will be crucial in determining its direction. If SOL fails to reclaim $140, it could face further downside pressure, adding uncertainty to its long-term prospects. Investors will closely monitor Solana\u2019s movements<\/a>, as a breakthrough could signal renewed strength, while a continued struggle could signal further weakness.<\/span><\/p>\n

Solana Analyst Urges Caution<\/span><\/h2>\n

Solana investors are now facing doubt amidst the current market environment, as SOL has underperformed compared to Bitcoin and some altcoins. This underperformance has raised concerns, with several investors and analysts calling for caution.\u00a0<\/span><\/p>\n

One prominent analyst, Yakuza, shared his detailed technical analysis on X<\/a>, highlighting both bullish and bearish scenarios for Solana\u2019s price. In his analysis, he predicts that SOL is poised for a significant rally, potentially driving its price up to $290 from its current range. However, he also warns that if the bullish scenario does not materialize, SOL could experience a sharp retracement, falling to as low as $86.<\/span><\/p>\n

\"SOL
SOL trading at key $138 level with two potential scenarios. | Source: Yakuza on X<\/a> SOLUSDT chart on TradingView<\/figcaption><\/figure>\n

Yakuza emphasizes that Solana has been trading within a descending triangle pattern since March. This pattern has kept SOL in a tight range for nearly seven months, preventing any significant upward movement. With the market now showing signs of a potential breakout, Yakuza cautions that investors need to stay vigilant. The next decisive move could either bring significant gains or lead to a deeper correction.<\/span><\/p>\n

The key factor for Solana\u2019s price action lies in its ability to hold above current levels and successfully test higher supply zones. If SOL can break through its immediate resistance, it may recover and match or even surpass the broader market\u2019s recent gains.\u00a0<\/span><\/p>\n

Related Reading: Solana (SOL) Surges Past $130 Resistance As Funding Rate Signals Bullish Momentum<\/a><\/div>\n

As the market prepares for its next move, the coming days will be crucial in determining Solana\u2019s long-term direction. Investors are advised to proceed with caution and closely monitor SOL\u2019s price action, as the outcome of this pattern will likely dictate the altcoin’s trajectory for the remainder of the year.<\/span><\/p>\n

SOL Price Action<\/span><\/h2>\n

Solana (SOL) is currently trading at $139.09 after tagging the 4-hour 200 exponential moving average (EMA) at $139.9, which has been acting as a key resistance level. This EMA has functioned as a supply zone since early August, preventing SOL from maintaining any sustained upward momentum.<\/span><\/p>\n

\"Solana
Solana testing the 4H 200 EMA from below. | Source: SOLUSDT chart on TradingView<\/a><\/figcaption><\/figure>\n

For Solana to align with the broader market trend, it must reclaim this level and close above it. Successfully doing so could pave the way for a push to new highs, with the next target being above $163.<\/span><\/p>\n

Related Reading: Injective (INJ) Breaks $18 Resistance: Investors Expect Higher Prices<\/a><\/div>\n

However, if SOL fails to close above the 4H 200 EMA, the price is likely to face increased selling pressure. In this scenario, Solana could experience a retracement, testing lower demand zones as investors seek a more stable support level. The most likely target for a pullback would be around the $120 mark, where previous demand has shown resilience.<\/span><\/p>\n

Featured image from Dall-E, chart from TradingView<\/span><\/i><\/p>\n","protected":false},"excerpt":{"rendered":"

The crypto market experienced a surge on Friday, with Bitcoin leading the rally, gaining 11% since Monday. Despite this, fear remains among Solana investors as the altcoin struggled to join the market\u2019s impulse.\u00a0 Related Reading: Cardano (ADA) Whales Securing Gains After 10% Upswing: What\u2019s Next? Solana faces serious risks after failing to close above the key $140 level, a price that acted as support since early August and now serves as resistance. Top analysts and investors are urging caution as SOL\u2019s inability to break through this level raises concerns about its short-term outlook.\u00a0 With Solana currently trading at a critical point, the next few days will be crucial in determining its direction. If SOL fails to reclaim $140, it could face further downside pressure, adding uncertainty to its long-term prospects. Investors will closely monitor Solana\u2019s movements, as a breakthrough could signal renewed strength, while a continued struggle could signal further weakness. Solana Analyst Urges Caution Solana investors are now facing doubt amidst the current market environment, as SOL has underperformed compared to Bitcoin and some altcoins. This underperformance has raised concerns, with several investors and analysts calling for caution.\u00a0 One prominent analyst, Yakuza, shared his detailed technical analysis on X, highlighting both bullish and bearish scenarios for Solana\u2019s price. In his analysis, he predicts that SOL is poised for a significant rally, potentially driving its price up to $290 from its current range. However, he also warns that if the bullish scenario does not materialize, SOL could experience a sharp retracement, falling to as low as $86. Yakuza emphasizes that Solana has been trading within a descending triangle pattern since March. This pattern has kept SOL in a tight range for nearly seven months, preventing any significant upward movement. With the market now showing signs of a potential breakout, Yakuza cautions that investors need to stay vigilant. The next decisive move could either bring significant gains or lead to a deeper correction. The key factor for Solana\u2019s price action lies in its ability to hold above current levels and successfully test higher supply zones. If SOL can break through its immediate resistance, it may recover and match or even surpass the broader market\u2019s recent gains.\u00a0 Related Reading: Solana (SOL) Surges Past $130 Resistance As Funding Rate Signals Bullish Momentum As the market prepares for its next move, the coming days will be crucial in determining Solana\u2019s long-term direction. Investors are advised to proceed with caution and closely monitor SOL\u2019s price action, as the outcome of this pattern will likely dictate the altcoin’s trajectory for the remainder of the year. SOL Price Action Solana (SOL) is currently trading at $139.09 after tagging the 4-hour 200 exponential moving average (EMA) at $139.9, which has been acting as a key resistance level. This EMA has functioned as a supply zone since early August, preventing SOL from maintaining any sustained upward momentum. For Solana to align with the broader market trend, it must reclaim this level and close above it. Successfully doing so could pave the way for a push to new highs, with the next target being above $163. Related Reading: Injective (INJ) Breaks $18 Resistance: Investors Expect Higher Prices However, if SOL fails to close above the 4H 200 EMA, the price is likely to face increased selling pressure. In this scenario, Solana could experience a retracement, testing lower demand zones as investors seek a more stable support level. The most likely target for a pullback would be around the $120 mark, where previous demand has shown resilience. Featured image from Dall-E, chart from TradingView<\/p>\n","protected":false},"author":617,"featured_media":641888,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1,84543],"tags":[12837,86420,83626,86515,92246,89405,85361,92581,83627],"class_list":["post-641883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all","category-solana","tag-sol","tag-sol-price","tag-solana","tag-solana-sol","tag-solana-analysis","tag-solana-news","tag-solana-price","tag-solana-technical-analysis","tag-solusdt"],"acf":[],"yoast_head":"\nSolana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details<\/title>\n<meta name=\"description\" content=\"Solana struggles to join market rally despite 10% surge. Analyst warns of potential downside if SOL fails to break $140 resistance.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details\" \/>\n<meta property=\"og:description\" content=\"Solana struggles to join market rally despite 10% surge. Analyst warns of potential downside if SOL fails to break $140 resistance.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-14T09:00:46+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-14T06:14:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024\" \/>\n\t<meta property=\"og:image:width\" content=\"1792\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Sebastian Villafuerte\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@thesebasv\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Sebastian Villafuerte\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\"},\"author\":{\"name\":\"Sebastian Villafuerte\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/person\/c9ad24a229e3e072edeec17d47ba2e36\"},\"headline\":\"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details\",\"datePublished\":\"2024-09-14T09:00:46+00:00\",\"dateModified\":\"2024-09-14T06:14:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\"},\"wordCount\":645,\"publisher\":{\"@id\":\"https:\/\/www.wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024\",\"keywords\":[\"Sol\",\"SOL Price\",\"Solana\",\"Solana ( SOL)\",\"Solana Analysis\",\"Solana news\",\"Solana Price\",\"Solana Technical Analysis\",\"SOLUSDT\"],\"articleSection\":[\"All\",\"Solana\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2024\",\"copyrightHolder\":{\"@id\":\"https:\/\/www.wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\",\"url\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\",\"name\":\"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details\",\"isPartOf\":{\"@id\":\"https:\/\/www.wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024\",\"datePublished\":\"2024-09-14T09:00:46+00:00\",\"dateModified\":\"2024-09-14T06:14:07+00:00\",\"description\":\"Solana struggles to join market rally despite 10% surge. Analyst warns of potential downside if SOL fails to break $140 resistance.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage\",\"url\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024\",\"contentUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024\",\"width\":1792,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.wncen.com\/#website\",\"url\":\"https:\/\/www.wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/www.wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/www.wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/person\/c9ad24a229e3e072edeec17d47ba2e36\",\"name\":\"Sebastian Villafuerte\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/ab4bfb49f416a651966cf54fe981d3ef?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/ab4bfb49f416a651966cf54fe981d3ef?s=96&d=mm&r=g\",\"caption\":\"Sebastian Villafuerte\"},\"description\":\"Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian's goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.\",\"sameAs\":[\"https:\/\/x.com\/thesebasv\"],\"url\":\"https:\/\/www.wncen.com\/author\/sebastianvr\/\"}]}<\/script>\n","yoast_head_json":{"title":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details","description":"Solana struggles to join market rally despite 10% surge. Analyst warns of potential downside if SOL fails to break $140 resistance.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/","og_locale":"en_US","og_type":"article","og_title":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details","og_description":"Solana struggles to join market rally despite 10% surge. Analyst warns of potential downside if SOL fails to break $140 resistance.","og_url":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2024-09-14T09:00:46+00:00","article_modified_time":"2024-09-14T06:14:07+00:00","og_image":[{"width":1792,"height":1024,"url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024","type":"image\/jpeg"}],"author":"Sebastian Villafuerte","twitter_card":"summary_large_image","twitter_creator":"@thesebasv","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Sebastian Villafuerte","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#article","isPartOf":{"@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/"},"author":{"name":"Sebastian Villafuerte","@id":"https:\/\/www.wncen.com\/#\/schema\/person\/c9ad24a229e3e072edeec17d47ba2e36"},"headline":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details","datePublished":"2024-09-14T09:00:46+00:00","dateModified":"2024-09-14T06:14:07+00:00","mainEntityOfPage":{"@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/"},"wordCount":645,"publisher":{"@id":"https:\/\/www.wncen.com\/#organization"},"image":{"@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024","keywords":["Sol","SOL Price","Solana","Solana ( SOL)","Solana Analysis","Solana news","Solana Price","Solana Technical Analysis","SOLUSDT"],"articleSection":["All","Solana"],"inLanguage":"en-US","copyrightYear":"2024","copyrightHolder":{"@id":"https:\/\/www.wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/","url":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/","name":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details","isPartOf":{"@id":"https:\/\/www.wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage"},"image":{"@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024","datePublished":"2024-09-14T09:00:46+00:00","dateModified":"2024-09-14T06:14:07+00:00","description":"Solana struggles to join market rally despite 10% surge. Analyst warns of potential downside if SOL fails to break $140 resistance.","breadcrumb":{"@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#primaryimage","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024","contentUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024","width":1792,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.wncen.com\/"},{"@type":"ListItem","position":2,"name":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details"}]},{"@type":"WebSite","@id":"https:\/\/www.wncen.com\/#website","url":"https:\/\/www.wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/www.wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/www.wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/www.wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/www.wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/www.wncen.com\/#\/schema\/person\/c9ad24a229e3e072edeec17d47ba2e36","name":"Sebastian Villafuerte","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/ab4bfb49f416a651966cf54fe981d3ef?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/ab4bfb49f416a651966cf54fe981d3ef?s=96&d=mm&r=g","caption":"Sebastian Villafuerte"},"description":"Sebastian's journey into the world of crypto began four years ago, driven by a fascination with the potential of blockchain technology to revolutionize financial systems. His initial exploration focused on understanding the intricacies of various crypto projects, particularly those focused on building innovative financial solutions. Through countless hours of research and learning, Sebastian developed a deep understanding of the underlying technologies, market dynamics, and potential applications of cryptocurrencies. To share his insights with others, Sebastian became an active contributor to online discussions on platforms like X and LinkedIn. His focus on fintech and crypto-related topics quickly established him as a trusted voice in the online crypto community. Sebastian's goal was to educate and inform his audience about the latest trends and insights in the rapidly evolving crypto landscape. To further enhance his expertise, Sebastian pursued a UC Berkeley Fintech: Frameworks, Applications, and Strategies certification. This rigorous program equipped him with valuable skills and knowledge regarding Financial Technology, bridging the gap between traditional finance and decentralized finance. The certification deepened his understanding of the broader financial landscape and its intersection with blockchain technology. Sebastian's passion for finance and writing is evident in his work. He enjoys delving into financial research, analyzing market trends, and exploring the latest developments in the crypto space. In his spare time, Sebastian can often be found immersed in charts, studying 10-K reports, or engaging in thought-provoking discussions about the future of finance. Sebastian's journey as a crypto pioneer has been marked by a relentless pursuit of knowledge and a dedication to sharing his insights. His ability to navigate the complex world of crypto, combined with his passion for financial research and communication, makes him a valuable contributor to the industry. As the crypto landscape continues to evolve, Sebastian remains at the forefront, providing valuable insights and helping to shape the future of this revolutionary technology.","sameAs":["https:\/\/x.com\/thesebasv"],"url":"https:\/\/www.wncen.com\/author\/sebastianvr\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \u2013 Details","url":"http:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/www.wncen.com\/all\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\/"},"thumbnailUrl":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024"},"articleSection":"All","author":[{"@type":"Person","name":"Sebastian Villafuerte"}],"creator":["Sebastian Villafuerte"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/www.wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["sol","sol price","solana","solana ( sol)","solana analysis","solana news","solana price","solana technical analysis","solusdt"],"dateCreated":"2024-09-14T09:00:46Z","datePublished":"2024-09-14T09:00:46Z","dateModified":"2024-09-14T09:00:46Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Solana (SOL) Faces Serious Risk After Failing To Close Above Key Level \\u2013 Details\",\"url\":\"http:\\\/\\\/www.wncen.com\\\/all\\\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.wncen.com\\\/all\\\/solana-sol-faces-serious-risk-after-failing-to-close-above-key-level-details\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Untitled-design-27.jpg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Untitled-design-27.jpg?fit=1792%2C1024\"},\"articleSection\":\"All\",\"author\":[{\"@type\":\"Person\",\"name\":\"Sebastian Villafuerte\"}],\"creator\":[\"Sebastian Villafuerte\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/www.wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"sol\",\"sol price\",\"solana\",\"solana ( sol)\",\"solana analysis\",\"solana news\",\"solana price\",\"solana technical analysis\",\"solusdt\"],\"dateCreated\":\"2024-09-14T09:00:46Z\",\"datePublished\":\"2024-09-14T09:00:46Z\",\"dateModified\":\"2024-09-14T09:00:46Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/www.wncen.com\/wp-content\/uploads\/2024\/09\/Untitled-design-27.jpg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/641883"}],"collection":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/users\/617"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/comments?post=641883"}],"version-history":[{"count":4,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/641883\/revisions"}],"predecessor-version":[{"id":641896,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/posts\/641883\/revisions\/641896"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media\/641888"}],"wp:attachment":[{"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/media?parent=641883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/categories?post=641883"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wncen.com\/wp-json\/wp\/v2\/tags?post=641883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}