The post Solana Price Prediction: SOL’s Monthly Momentum Flips as Bulls Target $120 and $146 appeared on BitcoinEthereumNews.com.
Solana price is trading near $103 after a strong recovery, with bulls now watching key support levels and the next major resistance targets. The higher-timeframe picture is also shifting, with monthly momentum indicators improving after an extended bearish period. Solana is trading near $103.47 after slipping around 0.18% over the past 24 hours, according to Brave New Coin data. Beyond price action, Solana continues to expand its role in tokenized real-world assets. The network reportedly handled $14.7 billion in tokenized asset trading over the past year, providing a fundamental backdrop as traders focus on $120 and $146 as the next major technical levels. Solana Indicators Point to a Major Momentum Shift Solana price has recorded its first green monthly candle in ten months after a strong recovery from the recent low around $60. The move alone does not confirm a full trend reversal, but it marks a notable change after months of persistent selling pressure. The momentum picture is also improving. Ash Crypto highlights that the monthly MACD is approaching a bullish crossover, while monthly RSI has broken above a descending trendline that had remained intact for roughly two years. Both developments suggest the larger bearish momentum structure may be starting to weaken. If the MACD crossover confirms while SOL continues holding above $100, the combination would add weight to a longer-term recovery. The next challenge is translating those improving monthly indicators into sustained price acceptance above the resistance levels sitting between $120 and $146. Solana has printed its first green monthly candle in ten months as MACD approaches a bullish crossover and RSI breaks a two-year downtrend. Source: Ash Crypto via X Solana Facing Next Resistance at $120 The daily chart has already produced one important technical change by breaking above the $97.70 resistance level. SOL price is…