Solana Tests Key Psychological Level as Traders Eye $100

Solana (SOL) has broken through the $90 resistance level and is now trading above its 100-hourly simple moving average. The token surged past the $85 and $88 levels against the U.S. dollar before reaching a session high of $94.10.

A bullish trend line has formed with support at $89 on the hourly SOL/USD chart, but the fading momentum in the MACD (Moving Average Convergence Divergence) suggests that buyers may need a fresh catalyst to push through overhead supply.

The key psychological level of $100 is now within reach, and how Solana handles resistance zones between $92 and $95 in the near term will likely signal whether the rally has legs or is running out of steam.