Solana Rockets Past $90 as Traders Target $100 Resistance
Solana's price has broken through the $90 barrier after a fresh rally from its swing low at $82.50, with traders now eyeing resistance levels at $92, $95, and the key psychological level of $100.
The token pushed above several key levels on its way up, including $85 and $88, before reaching a session high of $94.10.
A bullish trend line has formed with support at $89 on the hourly chart, and the price is currently consolidating after a minor pullback below the 23.6% Fibonacci retracement level.
On the upside, immediate resistance sits near $92, followed by $95, before reaching the key psychological level of $100, which could open the path toward $108 and $112 if broken through.