Solana Surges Past $90, Traders Eye Crucial $100 Test

Solana has broken through the $90 resistance level and is now trading above the 100-hourly simple moving average. This comes after a fresh rally from the $82.50 swing low, with traders eyeing key resistance levels at $92, $95, and $100. Solana's price pushed above $85 and $88 before reaching its session high of $94.10.

A bullish trend line has formed with support at $89 on the hourly SOL/USD chart, but the fading MACD momentum suggests buyers may need a fresh catalyst to push through overhead supply. A breakdown below $88.50 would invalidate the current bullish setup and shift focus to lower supports.