{"id":23606,"date":"2026-05-22T06:00:22","date_gmt":"2026-05-22T06:00:22","guid":{"rendered":"https:\/\/coinsrise.net\/blog\/solana-sol-rebound-faces-major-test-near-key-resistance-zone\/"},"modified":"2026-05-22T06:00:22","modified_gmt":"2026-05-22T06:00:22","slug":"solana-sol-rebound-faces-major-test-near-key-resistance-zone","status":"publish","type":"post","link":"https:\/\/coinsrise.net\/blog\/solana-sol-rebound-faces-major-test-near-key-resistance-zone\/","title":{"rendered":"Solana (SOL) Rebound Faces Major Test Near Key Resistance Zone"},"content":{"rendered":"<p><em>Solana found support at $83.50 and corrected some losses. SOL price is now consolidating below $88.50 and might struggle to continue higher.<\/em><\/p>\n<ul>\n<li>SOL price started a decent recovery wave above $85 and $86 against the US Dollar.<\/li>\n<li>The price is now trading above $86 and the 100-hourly simple moving average.<\/li>\n<li>There is a rising channel forming with resistance at $88.50 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 $88.50 and $90.00.<\/li>\n<\/ul>\n<h2>Solana Price Starts Recovery<\/h2>\n<p>Solana price remained stable and started a decent recovery wave from $83.50, like Bitcoin and Ethereum. SOL was able to climb above the $85 level.<\/p>\n<p>There was a move above the 38.2% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low. However, the bears remained active below $88. There is also a rising channel forming with resistance at $88.50 on the hourly chart of the SOL\/USD pair.<\/p>\n<p>Solana is now trading above $86 and the 100-hourly simple moving average. On the upside, immediate resistance is near the $88.00 level. The next major resistance is near the $88.50 level or the 50% Fib retracement level of the downward move from the $93.63 swing high to the $83.35 low.<\/p>\n<p><img decoding=\"async\" data-recalc-dims=\"1\" class=\"size-full wp-image-897264\" src=\"https:\/\/www.newsbtc.com\/wp-content\/uploads\/2026\/05\/Solana_d56e91.png?resize=1024%2C512\" alt=\"Solana Price\" width=\"1024\" height=\"512\" loading=\"lazy\" \/><\/p>\n<p>The main resistance could be $90. A successful close above the $90 resistance zone could set the pace for another steady increase. The next key resistance is $92. Any more gains might send the price toward the $94 level.<\/p>\n<h2>Another Decline In SOL?<\/h2>\n<p>If SOL fails to rise above the $88.50 resistance, it could continue to move down. Initial support on the downside is near the $86.20 zone. The first major support is near the $85.00 level.<\/p>\n<p>A break below the $85.00 level might send the price toward the $83.50 support zone. If there is a close below the $83.50 support, the price could decline toward the $80 zone in the near term.<\/p>\n<p>Technical Indicators<\/p>\n<p>Hourly MACD \u2013 The MACD for SOL\/USD is losing pace in the bearish 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 $86.200 and $85.00.<\/p>\n<p>Major Resistance Levels \u2013 $88.50 and $90.00.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana found support at $83.50 and corrected some losses. SOL price is now consolidating below $88.50 and might struggle to continue higher. SOL price started a decent recovery wave above $85 and $86 against the US Dollar. The price is now trading above $86 and the 100-hourly simple moving average. There is a rising channel&hellip;<\/p>\n","protected":false},"author":1,"featured_media":23607,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[144],"tags":[169,170,218,219,184,145],"class_list":["post-23606","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\/23606","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=23606"}],"version-history":[{"count":0,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/posts\/23606\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media\/23607"}],"wp:attachment":[{"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/media?parent=23606"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/categories?post=23606"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinsrise.net\/blog\/wp-json\/wp\/v2\/tags?post=23606"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}