BULLISH 📈 : Solana price rises above $90, eyes $95 resistance level

Solana (SOL) is experiencing an upward trend, trading above $90 and the 100-hourly simple moving average. The price broke past the $88 level, showing potential for further gains.

  • SOL initiated a rise above $85 and $88 against the US Dollar.
  • A bullish trend line supports SOL at $89 on the hourly chart.
  • The price reached a high at $94.10 before consolidating.
  • Resistance levels to watch are $92, $95, and potentially $100.

For upside movement:

  • Clearing the $95 resistance could lead to targets of $100 and $108.

In case of decline:

  • Support levels are $90, $88.50, and possibly $84.
  • A break below $84 may push the price towards $78.

Technical Indicators:

  • MACD is losing pace in the bullish zone.
  • RSI stands above 50, indicating positive momentum.

Solana Price