{"id":11039,"date":"2026-04-06T18:13:09","date_gmt":"2026-04-06T18:13:09","guid":{"rendered":"https:\/\/coinsvalue.net\/blog\/solana-sol-recovery-faces-roadblocks-can-bulls-push-through\/"},"modified":"2026-04-06T18:13:09","modified_gmt":"2026-04-06T18:13:09","slug":"solana-sol-recovery-faces-roadblocks-can-bulls-push-through","status":"publish","type":"post","link":"https:\/\/coinsvalue.net\/blog\/solana-sol-recovery-faces-roadblocks-can-bulls-push-through\/","title":{"rendered":"Solana (SOL) Recovery Faces Roadblocks, Can Bulls Push Through?"},"content":{"rendered":"<p><em>Solana found support at $77 and corrected some losses. SOL price is now consolidating above $80 and might aim for a steady increase.<\/em><\/p>\n<ul>\n<li>SOL price started a decent recovery wave above $80 and $82 against the US Dollar.<\/li>\n<li>The price is now trading above $80 and the 100-hourly simple moving average.<\/li>\n<li>There was a break above a key bearish trend line with resistance at $80 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The price could continue to move up if it clears $82.80 and $85.<\/li>\n<\/ul>\n<h2>Solana Price Starts Recovery<\/h2>\n<p>Solana price remained stable and started a decent recovery wave from $77, like Bitcoin and Ethereum. SOL was able to climb above the $80 level.<\/p>\n<p>There was a move above the 50% Fib retracement level of the downward move from the $86.63 swing high to the $76.70 low. Besides, there was a break above a key bearish trend line with resistance at $80 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>However, the bears are active near $82.80. Solana is now trading above $80 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $82.80 level or the 61.8% Fib retracement level of the downward move from the $86.63 swing high to the $76.70 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" loading=\"lazy\" class=\"size-full wp-image-890622\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/04\/Solana_4f648c.png?resize=1024%2C512\" alt=\"Solana Price \" width=\"1024\" height=\"512\" \/><\/p>\n<p>The next major resistance is near the $85 level. The main resistance could be $88. A successful close above the $88 resistance zone could set the pace for another steady increase. The next key resistance is $95. Any more gains might send the price toward the $102 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $82.80 resistance, it could continue to move down. Initial support on the downside is near the $80 zone. The first major support is near the $77 level.<\/p>\n<p>A break below the $77 level might send the price toward the $75 support zone. If there is a close below the $75 support, the price could decline toward the $66 zone in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is gaining pace in the bullish zone.<\/p>\n<p>Hourly Hours RSI (Relative Strength Index) \u2013 The RSI for SOL\/USD is above the 50 level.<\/p>\n<p>Major Support Levels \u2013 $80.00 and $77.00.<\/p>\n<p>Major Resistance Levels \u2013 $82.80 and $85.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana found support at $77 and corrected some losses. SOL price is now consolidating above $80 and might aim for a steady increase. SOL price started a decent recovery wave above $80 and $82 against the US Dollar. The price is now trading above $80 and the 100-hourly simple moving average. There was a break&hellip;<\/p>\n","protected":false},"author":1,"featured_media":11040,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[175],"tags":[200,82,247,248,214,176],"class_list":["post-11039","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technical-analysis","tag-sol","tag-solana","tag-solbtc","tag-solusd","tag-solusdt","tag-technical-analysis"],"_links":{"self":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/11039","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/comments?post=11039"}],"version-history":[{"count":0,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/posts\/11039\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media\/11040"}],"wp:attachment":[{"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/media?parent=11039"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/categories?post=11039"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsvalue.net\/blog\/wp-json\/wp\/v2\/tags?post=11039"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}