Solana (SOL) Price Prediction: Can SOL Break Through the $120 Ceiling?

 Solana (SOL) is back in the spotlight as it stages a strong rebound, climbing over 10% in the past 24 hours and pushing beyond several key resistance levels.

April 11, 2025 – Crypto Market Momentum Builds

Solana (SOL) is back in the spotlight as it stages a strong rebound, climbing over 10% in the past 24 hours and pushing past several key resistance levels. The price recently recovered from the critical $100 support zone and surged to as high as $112, driven by a broader market rally and fresh bullish momentum.

This upward move is significant as Solana broke above a descending trend line near $107, signaling a potential short-term trend reversal. As of writing, SOL is trading above $105 and is comfortably supported by its 100-hour simple moving average, further affirming the market’s bullish sentiment.

Can SOL Break Through the $120 Ceiling?

Despite the powerful rally, Solana now faces two major resistance levels—$118 and $120—that traders are keenly observing. These zones have acted as strong psychological and technical barriers, with sellers stepping in to defend positions.

A successful breakout above $120 could be the catalyst for a new leg up, paving the way for higher resistance points at $125, $132, and possibly even $140, according to market analysts. Volume indicators have also picked up, suggesting increased trader participation and renewed interest in SOL as it approaches critical levels.

Moreover, technical indicators such as the relative strength index (RSI) remain in a neutral-bullish range on the four-hour chart, leaving room for further upside if key resistance levels are breached. However, if SOL fails to break above $120, traders could see a temporary pullback to support at $105 or even $100 before the next attempt upward.