08-12-2025 06:08 via newsbtc.com

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 Ey
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