$SOL Solana is reclaiming the key $100 psychological level while volume accelerates 24% to approximately $5.8B. The supplied structure shows bullish momentum supported by resurgent DEX turnover and network fee generation dominance. Open interest is expanding, while short cascades are occurring above $104. Funding is elevated, so leverage should be treated carefully. The setup remains constructive while $96.50 holds, with the market positioned for potential range expansion toward the stated upside targets.
📈 Bias: Bullish Momentum | 🎯 Entry: $101.20 | 🛡 Support: $96.50 | 🚧 Resistance: $108.00 | 🎯 Targets: $118 — $125 | ❌ Invalidation: $92
Strategy: Confirmation entry above resistance, or disciplined support entry around $96.50.
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