Can Solana Break Above $113?

Solana is showing a recovery today, trading around $112 after gaining approximately 2–3% over the last 24 hours. However, the next resistance zone will be important in determining whether this recovery can continue.

Key Levels to Watch:

Resistance: $113–$116

Support: $110, followed by $108

Bullish Scenario: A strong breakout above $113 could open the way toward $114–$116.

Bearish Scenario: If SOL loses the $110 support zone, the price could revisit lower levels.

My Analysis:

Solana's short-term momentum looks encouraging, but a single green candle does not confirm a sustained uptrend. Traders should watch candle closes, trading volume, and Bitcoin's direction before making a decision.

Rather than chasing the price, I prefer patience and confirmation. In crypto, protecting capital is just as important as finding opportunities.

What do you think? Can SOL break above $113, or will sellers push it back down?

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