Solana Momentum Decelerates Amid $120 Target
Solana (SOL) is trading at $119.51 on September 25, 2026, just below the psychological $120 level and its daily upper Bollinger Band near $121.98.
The asset's daily structure remains unambiguously bullish, with price sitting above all three key EMAs - EMA20 at $108.70, EMA50 at $99.32, and EMA200 at $91.67 - stacked in proper bullish order.
However, the shorter timeframes show visible momentum deceleration, with the 15-minute RSI14 nearly neutral at 55.98 and the MACD histogram thinned out to just 0.11, indicating that momentum on this execution timeframe is nearly flat.
The cooling momentum visible on the 1H and 15m charts suggests a pullback could be imminent, with a break below the hourly EMA20 ($117.47) and the daily pivot ($119.23) opening the door toward the daily S1 at $116.14.