Solana (SOL) has initiated a recovery wave above the $132 level and is currently consolidating above $140, trading above the 100-hourly simple moving average. The price recently broke a key bearish trend line near $140, signaling short-term bullish momentum. Immediate resistance lies at $145, with further hurdles at $150, and the main resistance around $155, which aligns with the 61.8% Fibonacci retracement of the $172–$129 downward move. A sustained breakout above these levels could open the path toward $165–$172.

On the downside, SOL finds initial support at $138, followed by $135. If the $135 support fails, the price could move toward $128–$120. Technical indicators support the recovery, with the hourly MACD gaining bullish momentum and the RSI holding above 50. Overall, SOL remains in a short-term uptrend, but overcoming the $145–$150 resistance zone is crucial for further gains, while breaking below $135 could trigger a deeper pullback.