Solana ($SOL) is showing renewed buying momentum after holding the important $100 area.
At the latest Binance update, SOL was trading around $111, with strong 24-hour volume and a positive daily move.
📊 What traders should watch:
• Support: $100–$106
• Resistance: Around $114, followed by the $120 area
• Bullish confirmation: A strong breakout and hold above resistance
• Bearish warning: Losing the $100 zone could increase selling pressure
Solana has also recently implemented network upgrades, including larger transaction capacity and faster slot times, which are part of the network’s ongoing technical development.
💡 Spot traders: Instead of chasing a sudden pump, wait for confirmation and watch how SOL reacts around support and resistance. Always manage risk and never put your entire portfolio into one trade.
DYOR — This is a market analysis, not financial advice.
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