Solana Bulls Eye $120 as Long-Term Fractal Points to $1,000+ Breakout

Solana's recent price action has been bullish across both short- and long-term timeframes, with one chart pointing to a near-term move towards $120.

The SOL/USDT daily chart shows that Solana successfully broke above the horizontal resistance level around $96.49 and retested it as support, indicating that old resistance is beginning to function as new support.

As long as SOL stays above roughly $96-$97, the short-term bullish structure remains intact, with the next major level visible on the chart around $118.65 closely matching the target of $120.

A clean break above $120 would strengthen the case for another leg higher, but a loss of the reclaimed $96-$97 area and failure to recover it would weaken the setup and raise the risk that the breakout was temporary.

A broader weekly chart from CryptoCurb presents a more ambitious scenario, projecting a potential multi-cycle breakout above $1,000 based on an earlier corrective phase that eventually gave way to a major expansion.