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⛓️ Crypto🟢 BullishImportance 6/10Actionable
Solana (SOL) Rally Builds, Traders Watch Critical $100 Test
🤖AI Summary
Solana (SOL) has rallied above $90 after breaking through key resistance levels at $85 and $88, with bulls now targeting the critical $100 resistance zone. The price consolidated near $94 before experiencing minor pullback, but maintains bullish momentum with support at $89-90.
Key Takeaways
- →SOL price successfully broke above $88 resistance and is now trading above $90 with bullish trend line support at $89.
- →The token reached a recent high of $94.10 and is consolidating gains while facing immediate resistance at $92-95.
- →A break above $100 could trigger extended rally toward $108-112 resistance levels.
- →Key support levels are positioned at $90 and $88.50, with major downside risk emerging below $84.
- →Technical indicators show MACD losing pace in bullish zone while RSI remains above 50.
Mentioned Tokens
$BTC$72,759▲+7.2%
$ETH$2,134▲+8.8%
$SOL$90.56▲+6.0%
Non-custodial · Your keys, always
Read Original →via NewsBTC
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