Solana (SOL) Recovery Momentum Hinges on Price Closing Firmly Above $140
Solana started a recovery wave above the $132 zone. SOL price is now consolidating and faces hurdles near the $138 zone. SOL price started a decent recovery wave above $130 and $132 against the US Dollar. The price is now trading below $138 and the 100-hourly simple moving average. There was a break above a key bearish trend line with resistance at $132 on the hourly chart of the SOL/USD pair (data source from Kraken). The price could continue to move up if it clears $138 and $140. Solana Price Eyes Upside Break Solana price remained stable and started a decent recovery wave from $128,....