Solana Price Eyes Crucial Breakout Above $90

Solana's price has surged to $90.6, just shy of its immediate 0.786 Fibonacci resistance and psychological target at $90.

The token broke above all three major daily simple moving averages, setting the stage for a crucial chart battle.

A confirmed daily close above $90 would prove that buyers are actively absorbing supply at these heights, but a rejection with a long upper wick could signal exhaustion after such a rapid climb.

The daily RSI reads 80.68, well past the 70 overbought threshold, suggesting the price may need to pause or retest lower foundations before making a sustained run at the $98 swing high.