Solana Price Stuck Below Key Resistance, Eyes Potential Breakout
- Solana’s price has been consolidating between $75 and $100 after falling from nearly $150 in early-2026.
- The altcoin faced resistance at $98 despite bullish momentum from the CLARITY Act passing the US Senate banking committee.
- Analyst Ali Martinez suggests a break above $98 could lead to a potential rally, with targets at $107 and possibly up to $117.
- If resistance holds, Solana’s price may pull back to the pivot point at $88 or the channel floor at $78.
- As of now, Solana trades around $89.33, marking a decline of over 3% in the past day.
Solana is struggling to break through a significant resistance level despite recent market improvements. The cryptocurrency remains within a defined trading range, awaiting further momentum for a breakout.
A sustained move above the key resistance of $98 could potentially lead to significant gains for Solana, targeting prices as high as $117 according to analyst projections. (Source)
