Solana price maintains momentum above $110 amid technical resistance

Solana (SOL) has shown significant price movement, maintaining levels above $110 following a recovery from the $60–$67 range. Recent trading data indicates the token has seen a weekly increase of approximately 16% to 19%, with market capitalization reaching $68.89 billion.

Technical analysts have identified several key resistance and support levels. Immediate upside targets include the $120.80 Fibonacci extension, with further resistance projected at $127.72 and $133. A break above $150 could signal a major change in market structure, potentially invalidating the current lower high pattern and opening paths toward much higher valuation targets. Conversely, rejection from the $138–$149 supply zone could lead to a distribution leg toward support levels near $95, $74, or the macro low of $60.14.