Solana Surges Past $110, Eyes $133 Target Amid Bitcoin Rally

Solana's price has broken above $110, a level that had been acting as resistance for weeks. According to a technical analyst, this could be a sign that Solana is headed towards $133.

The analyst believes that the key resistance zone at $133 aligns with Solana's chart and that it will reach this level as long as Bitcoin continues its rally. The two assets tend to move in tandem, so if Bitcoin keeps climbing, Solana could follow suit.

Solana has been outperforming Bitcoin recently, which means it still has room to climb before hitting its own resistance zone. The analyst expects Solana's momentum to continue for now, but warns that nothing in crypto comes with guarantees.

The analyst is watching the $107.40 support level on the shorter-term chart and wants to see a clear pattern of higher highs and partial pullbacks before calling it a genuine trend reversal rather than just a bounce.