Solana (SOL) Price Surges Above $105 as Bull Flag Forms
Solana (SOL) price rose more than 6% on September 18 to trade above $105, leading gains in a broader crypto market rally that pushed total market value near $2.66 trillion, up 2.12% on the day.
This move puts SOL at a key technical level. Chart analysts are watching for a close above $105 to confirm a bull flag breakout, a pattern that could open the door to $130.
Ali Charts identified a bull flag forming on Solana's 4-hour chart, with $105 marked as the level to watch. A sustained close above that level would confirm the pattern, according to the analysis, with $130 cited as a potential target.
The daily chart shows a similar setup. SOL advanced from roughly $74 to $110 before entering a flag-shaped consolidation, with price now testing the upper boundary near $105.82.