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Solana reaches $120, reclaims 200-day average after breaking $110 resistance

  • Solana surpassed $110 resistance and reached $120 for the first time in eight months.
  • SOL reclaimed its 200-day moving average on the weekly chart.
  • Technical analysis identifies $133 as the next major resistance, contingent on Bitcoin.

Solana (SOL) broke above the $110 resistance level and reached $120 for the first time in eight months. The token also reclaimed its 200-day moving average on the weekly chart. Technical analysis points to $133 as the next major resistance, with the outlook contingent on Bitcoin.

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