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>>Solana (SOL) retakes the 132 level, with its momentum shifting sharply bullish.

Solana (SOL) retakes the 132 level, with its momentum shifting sharply bullish.

crypthub

5 days ago

Current Momentum

SOL has broken above $130 and now trades around $132‑135, staying above the 100‑hourly SMA. A bullish trend line supports the pair near $135 on the hourly chart. The price recently surpassed the 23.6% Fibonacci retracement from the $123 low to the $138 high. Momentum indicators show the MACD accelerating bullishly and RSI holding above 50.

Support and Resistance

Immediate support sits at $135, with secondary levels at $130 and $128. Resistance clusters at $138‑$140, while a decisive break above $145 could open the path to $150‑$155. Failure to clear $140 may trigger a pullback toward $130, and a drop below $128 could push the price toward $120.

Technical Outlook

The hourly MACD is in a bullish trajectory, and the RSI remains comfortably above the neutral 50 mark. The 100‑hourly SMA continues to act as a floor for price action. Traders watch the $135 trend line for confirmation of the uptrend and the $138‑$140 zone for the next breakout test.