Solana Price Forecast: SOL Breaks Through Trend Line, Target Price of $120
2026-08-09 17:09:22
According to CoinMeta, Solana ( SOL ) has recently broken through the main downward trend line, with a target price of $120. Buyers are defending the $70 level, and as momentum improves, $77.50 to $80 and $98 will become the key resistance levels for the next major move. After breaking through the trend line, SOL demonstrated technical strength. The daily chart shows that the trading price of SOL is around $76.56, with a daily K-line increase of about 3.9%. Analyst Ted Pillows pointed out that the breakthrough of SOL could open the door for subsequent gains, but the effectiveness of the breakthrough needs to be confirmed.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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