Solana Eyes $148 as Resistance at $118 Looms

Solana's price is currently around $117.38 per unit, and analysts are predicting that if it breaks through the $118-$120 resistance level, it could reach as high as $148.

The weekly chart shows a bullish signal, with the 200-week moving average being recovered and a golden cross forming, which increases the possibility of a breakout above the current resistance level.

Solana's open positions have reached a value of $2.97 billion according to Santiment data, indicating strong interest in the asset.