⚡ Solana Eyes Breakout Above $120 After 10% Weekly Gain


$SOL has rebounded strongly from the $100 support zone, gaining over 10% and moving above key levels — $105 and $112. The rally mirrors broader market optimism seen in $BTC and Ethereum.


📈 Technical highlights:

$SOL broke above a bearish trend line at $107 on the hourly chart (Kraken data).

The price is trading well above $105 and the 100-hour SMA.

A local high was set at $120.10, which now acts as immediate resistance.


📊 What’s next?

A confirmed break above $120 could spark a fresh leg higher.

Failure to break it may result in short-term consolidation or a retest of support zones ($112, $107).


Solana bulls are in control for now — but all eyes are on that $120 breakout to confirm the continuation of the uptrend.

#Solana #BTC Price Analysis#

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April 10, 2025 at 7:46 AM
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