{"id":23164,"date":"2026-05-11T06:00:22","date_gmt":"2026-05-11T06:00:22","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/solana-sol-breakout-setup-strengthens-as-bulls-regain-full-control\/"},"modified":"2026-05-11T06:00:22","modified_gmt":"2026-05-11T06:00:22","slug":"solana-sol-breakout-setup-strengthens-as-bulls-regain-full-control","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/solana-sol-breakout-setup-strengthens-as-bulls-regain-full-control\/","title":{"rendered":"Solana (SOL) Breakout Setup Strengthens As Bulls Regain Full Control"},"content":{"rendered":"<p><em>Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone.<\/em><\/p>\n<ul>\n<li>SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar.<\/li>\n<li>The price is now trading above $92 and the 100-hourly simple moving average.<\/li>\n<li>There is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL\/USD pair (data source from Kraken).<\/li>\n<li>The pair could extend gains if it clears the $96.50 resistance zone.<\/li>\n<\/ul>\n<h2>Solana Price Starts Fresh Surge<\/h2>\n<p>Solana price started a decent increase after it settled above the $88 zone, outperforming Bitcoin and Ethereum. SOL climbed above the $92 level to enter a short-term positive zone.<\/p>\n<p>The price even smashed the $95 resistance. A high was formed at $96.85, and the price is now consolidating gains. There was a minor decline toward the 23.6% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high.<\/p>\n<p>Solana is now trading above $92 and the 100-hourly simple moving average. Besides, there is a bullish trend line forming with support at $92.20 on the hourly chart of the SOL\/USD pair.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-895485\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Solana_719206.png?resize=1024%2C512\" alt=\"Solana Price \" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>On the upside, the price is facing resistance near $96.20. The next major resistance is near the $96.50 level. The main resistance could be $98. A successful close above the $98 resistance zone could set the pace for another steady increase. The next key resistance is $102. Any more gains might send the price toward the $105 level.<\/p>\n<h2>Downside Correction In SOL?<\/h2>\n<p>If SOL fails to rise above the $96.50 resistance, it could start another decline. Initial support on the downside is near the $94.00 zone. The first major support is near the $92.20 level, the trend line, and the 50% Fib retracement level of the recent upward move from the $87.61 swing low to the $96.85 high.<\/p>\n<p>A break below the $92.20 level might send the price toward the $90 support zone. If there is a close below the $90 support, the price could decline toward the $88 support 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 $94.00 and $92.20<\/p>\n<p>Major Resistance Levels \u2013 $96.50 and $98.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana started a fresh increase above the $90 zone. SOL price is now consolidating and might aim for more gains above the $96 zone. SOL price started a fresh upward move above the $90 and $92 levels against the US Dollar. The price is now trading above $92 and the 100-hourly simple moving average. There&hellip;<\/p>\n","protected":false},"author":1,"featured_media":23165,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144],"tags":[169,170,218,219,184,145],"class_list":["post-23164","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:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23164","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/comments?post=23164"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23164\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/23165"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=23164"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=23164"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=23164"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}