Headline: Solana Eyes Break Above $90 as Short-Term Momentum Builds Solana (SOL) has picked up fresh upside momentum after finding support around $85, with the token now consolidating above $87 and positioned to test higher resistance levels. Price action - SOL climbed back above the $85–$86 band after forming a low near $84.55, and is currently trading above $87 (Kraken data). - The move cleared the 50% Fibonacci retracement of the drop from the $89.34 swing high to the $84.55 low and is meeting resistance around $88.20, near the 76.4% Fib level. - A bullish trend line on the hourly chart provides immediate support at about $86.50, and SOL sits above the 100-hour simple moving average. Upside targets - A decisive break above the $90 zone would open the door to the next hurdles at roughly $92 and then $100, with $105 cited as a further upside objective if bullish momentum continues. Downside risks - If SOL fails to sustain gains above $90, downside pressure could re-emerge. Initial support lies at the trend line near $86.50 and the $85 level. - A break below $85 could send SOL toward $80, with deeper losses risking $78 and potentially $72 in the near term. Technical readout - Hourly MACD: bullish momentum is gaining pace. - Hourly RSI: above 50, indicating short-term strength. - Key supports: $86.50, $85.00. - Key resistances: $88.20, $90.00. Bottom line: Solana has regained short-term traction and is consolidating in a bullish-looking range. Traders will be watching a break of $90 for confirmation of further upside, while failure to hold $85 would raise the odds of a deeper pullback. Read more AI-generated news on: undefined/news