Solana Scales $90, Traders Eye Crucial $100 Test
Solana (SOL) has broken through the $90 resistance level, reaching a session high of $94.10 as traders eye its next target at $100.
The token pushed above key levels at $85 and $88 against the U.S. dollar before breaching $90 and solidifying its short-term direction.
A bullish trend line has formed with support at $89 on the hourly SOL/USD chart, but traders are cautious about the fading MACD momentum in the bullish zone.
The $100 level represents a major psychological barrier for SOL, and how it handles resistance zones between $92 and $95 will likely signal whether its rally has legs or is running out of steam.