Solana (SOL) Holds Support Post-Gains, Testing Bull Conviction
Solana started a fresh increase above the $135 zone. SOL price is now consolidating above $135 and might aim for more gains above the $140 zone.SOL price started a fresh upward move above the $135 and $138 levels against the US Dollar.
The price is now trading above $135 and the 100-hourly simple moving average.
There is a contracting triangle forming with support at $138 on the hourly chart of the SOL/USD pair (data source from Kraken).
The pair could extend gains if it clears the $140 resistan