Solana price holds near $75 as analysts eye breakout to $120

Solana (SOL) is trading around $75, defending a key support zone between $74.9 and $75.2. Analysts note that a sustained hold above this level could enable a rally toward $98 and potentially $120, while failure would reopen the path to lower supports near $70, $62 and $48. Technical indicators show bullish momentum above the 20‑day and 50‑day EMAs but the 100‑day EMA at $81 remains a barrier. Open interest has risen to about $5 billion, indicating gradual confidence return.

Cardano (ADA) is testing a critical support level near $0.163. Bullish structure after a recent higher‑high suggests that defending this zone may allow a move toward $0.19, whereas a break could trigger a correction. Whale accumulation has increased, with large holders boosting balances by 1.8% over the past four months.

SEI (SEI) remains above a demand zone around $0.0478, with traders watching the $0.0505 level for confirmation of short‑term buying momentum. Open interest climbed 8.5% to $51.6 million, and long‑heavy positioning on exchanges points to cautious optimism for a breakout above $0.0515.