Solana Breaks $90 as Traders Eye Crucial Resistance Levels
Solana has broken above $90 in price after launching a fresh rally from its recent swing low at $82.50.
The token pushed past several resistance levels, including $85 and $88, before reaching a session high of $94.10 and breaking through the $90 mark.
Traders are now eyeing a series of key resistance levels at $92, $95, and $100, which could determine Solana's short-term direction.
A bullish trend line has formed on the hourly chart with support at $89, but the fading momentum in the MACD suggests that buyers may need a fresh catalyst to push through overhead supply.