Solana Prints Weekly Buy Signal, Targets $100 Resistance
Solana's price has rebounded by nearly 28% to $95.28 after starting near $74.54, printing a weekly buy signal that suggests a possible shift in trend.
According to independent crypto analyst Jesse Olson, this setup may be forming a macro bottom, but he cautioned that additional confirmation is needed for a broader reversal.
The SOL/USD chart shows Solana trading near the $100-$105 resistance zone, with the long-term blue trend indicator at $108.76 serving as a critical level.
Sustaining a weekly close above this zone would indicate that buyers have regained control and potentially turn this resistance area into support.