Solana Surges Past $90 Amid Rising Hopes of $100 Breakout

Solana's price has broken above $90 after launching a fresh rally from its recent low of $82.50, with traders now eyeing resistance levels at $92, $95, and $100.

The token pushed past key levels at $85 and $88 before breaking through the $90 barrier and reaching a session high of $94.10, now trading above the 100-hourly simple moving average.

A bullish trend line has formed with support at $89 on the hourly chart, but the price is consolidating after a minor pullback below the 23.6% Fibonacci retracement level of the move from $82.50 to $94.10.

On the upside, immediate resistance sits near $92, followed by $95 and the key psychological level at $100, which could open the path toward $108 and $112 if successfully broken.