Solana Price Breaks Key Resistance as Bulls Eye $150 Target
Solana's price has broken out of a months-long accumulation range and pushed through a year-long downtrend, signaling a potential broader market reversal.
The cryptocurrency's advance from its June lows has changed the short-term market structure, with buyers driving Solana above resistance that had contained it for weeks.
A key test for this bullish setup is the $83-$85 support zone, which was previously resistance. If SOL can maintain a higher low and defend this area during any deeper correction, it would strengthen the argument that Solana has shifted from accumulation into expansion.
Immediate resistance remains near $107-$112, where the latest advance encountered selling pressure. A clean break above this range could bring the $118 area into focus before SOL confronts heavier resistance around $145-$150.