Solana prices stand above $100, analysts aim for next targets of $120 and $150

Solana returns above $100, analysts focus on $120 and $150 targets

Solana has returned to the $100 mark, reflecting a strong rebound after months of sluggish performance. The latest data from Brave New Coin shows SOL trading in the US$101 to US$103 range, and the cryptocurrency is brewing a potential shift in momentum after a long period of weakness in previous months.

SOL breaks through the resistance level, US$120 to US$130 becomes the focus.

Returning above US$100 means breaking through the key psychological resistance level, and US$120 to US$130 becomes the next upward target range. This rally allowed SOL to break out of the $102 to $103 range and maintain a higher low pattern throughout the rebound.

Market analyst Jesse Peralta pointed out that if SOL can maintain a breakthrough trend above US$100, US$120 to US$130 will be the next technical target. Continued stability in the $100 - 103 support zone will further strengthen this bullish pattern, while falling back below the zone could delay the next round of gains.

Analysts are now emphasizing that US$120 to US$130 is the next important range to pay attention to, and if current support is held, there is the possibility of further upside.

Whale accumulation helps recovery

As SOL prices stabilize, large investors show renewed confidence. According to analyst Ted Pillows, in the past week, nearly $13.2 million worth of Solana was purchased from a single whale address, with multiple large transfers originating from global cryptocurrency exchange Binance.

The accumulation comes as Solana struggles to establish a major technical threshold, suggesting that a wider range of market participants may be laying out for long-term gains rather than just reacting to short-term fluctuations.

Medium-term trend shifts, the US$150 target returns to perspective

Recent developments are beginning to change Solana's medium-term technical outlook. SOL has been below key trend indicators for most of the year, but has recently broken through these levels, approaching areas that previously served as the main support.

Crypto analyst Investor Jordan, who has been bearish since its January 2025 high, observes that staying above $100 will make the current pattern more constructive. If it can stand firm for a long time, the focus may shift to US$140 to US$150; while falling below US$100 will shake the credibility of the reversal.

Price levels and roles:

US$100 - 103: Current support/resistance area
US$120 - 130: Next upside target
US$150: Main technical target
US$180 - 200: Potential further targets if exceeded US$150
Below US$70: Possible support levels in the event of a downward reversal

Another view: There may be a correction before expansion

Not all market participants expect an immediate rise. Another scenario suggests that SOL could first explore the area below $70 before a larger gain. This would mean a significant correction from current levels, but would not necessarily negate the overall positive structure that has developed in recent months.

Analyst Sweep compared the current cumulative dynamics to previous bottom patterns that led to major breakthroughs. In this alternative path, if prices step back to $60 to $70 and establish a bottom, SOL may then target $300 in a larger rally, or even reach higher levels if market momentum accelerates.

The upside and downside scenarios in the coming months

If they continue to stand firm above $100, they are likely to strengthen bullish sentiment, making $120 to $130 a direct target and paving the way for testing the $150 area. If SOL successfully breaks through $150, the focus may shift to $180 to $200.

Conversely, a break below US$100 will reintroduce US$90 to US$95 as the immediate risk level. A deeper correction could bring the $80 and even below $70 area back into view, especially as broader market conditions deteriorate.

Solana's price outlook is optimistic as long as the US$100 mark remains intact, but the sustainability of this breakthrough depends on buyers 'ability to continue to defend the region as support rather than just drive short-term highs.

Market Outlook: $100 becomes a key watershed

The current landscape of Solana marks an important change: $100 is no longer just a goal, but a key reference point for determining further recovery. If SOL can continue to trade above the region, analysts believe the probability of extending towards $120 to $130 and ultimately $150 will increase.

In the short term, if we can successfully break through US$150, it will significantly strengthen Solana's technical structure and pave the way for testing targets around US$180 to US$200. However, failure to hold above $100 could reignite selling pressure, testing lower support and temporarily shelving hopes of broader trend reversal.