Solana Eyes $90 as Bulls Maintain Momentum
- Solana price surged above the $85 mark, trading above the 100-hourly simple moving average.
- A breakout occurred above a bearish trend line with resistance at $83.60 on the hourly chart of SOL/USD.
- SOL is facing resistance near $86.80, with major resistance levels at $88 and potentially $92.
- Key support levels are identified at $85.50 and $84, with potential declines if these are breached.
Solana’s price has shown a positive trend by breaking past key resistance levels and maintaining its position above crucial support zones, suggesting potential for further gains if it surpasses the $88 mark.
Currently consolidating near $87, Solana aims to break through significant resistance barriers to continue its upward trajectory towards the next target of $90 or beyond. Source
