{"id":651004,"date":"2024-11-01T05:28:48","date_gmt":"2024-11-01T05:28:48","guid":{"rendered":"https:\/\/wncen.com\/?p=651004"},"modified":"2024-11-01T04:30:59","modified_gmt":"2024-11-01T04:30:59","slug":"solana-sol-slides-162","status":"publish","type":"post","link":"https:\/\/wncen.com\/analysis\/solana-sol-slides-162\/","title":{"rendered":"Solana (SOL) Slides to Support: Bulls Ready to Defend?"},"content":{"rendered":"
Solana trimmed gains and traded below the $175 support zone. SOL price is now approaching the $165 support and might bounce back in the near term.<\/em><\/p>\n
\n
SOL price started a fresh decline after it struggled near the $185 zone against the US Dollar.<\/li>\n
The price is now trading below $172 and the 100-hourly simple moving average.<\/li>\n
There is a key bearish trend line forming with resistance at $172 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n
The pair could start a decent upward movement if it stays above the $165 and $162 support levels.<\/li>\n<\/ul>\n