Solana Price Breaks Through Resistance, Eyes $120 Target

Solana's price has shown signs of bullish momentum after breaking through the $98.41 resistance level, indicating a potential shift from a downtrend to an uptrend.

The cryptocurrency has been consolidating around $100-$105 but has managed to hold firm at the $100 support level, suggesting a possible move towards the $120 target.

This bullish trend aligns with positive market reactions ahead of the U.S. CPI report and significant short liquidations in crypto markets.