Solana Price Breaks Out of Multi-Month Resistance: $120 on the Radar

Solana's price has broken out of its multi-month resistance zone around $103-$106, reaching as high as $111. This move puts the $120 level back in focus.

The breakout was accompanied by expanding volume, and SOL is currently holding above the $100 mark after a pullback to $102. This suggests that bulls are turning the former ceiling into fresh support.

Solana's DEX ecosystem has maintained strong trading activity, ranking second behind Binance in weekly spot volume for nine consecutive weeks. The broader narrative around Solana is shifting toward ecosystem monetization, with network usage and liquidity remaining elevated.

To confirm the bullish continuation setup, SOL needs to hold the $100-$103 breakout zone, reclaim $105, and then clear $112 with convincing momentum. If this sequence plays out, the $120 target becomes a realistic technical objective rather than merely a psychological milestone.