Solana (SOL) Targets $150 After Breaking Above 30D SMA
Solana is gaining traction after breaking above a key trend indicator, shifting short-term momentum back in favor of buyers. The move has improved the technical structure and placed higher resistance levels within reach.
SOL Breaks Above Key Trend Levels
SOL has pushed above its 30-day simple moving average at $132.82 and reclaimed the 23.6% Fibonacci retracement level near $136.97. These levels had previously capped upside attempts, making the breakout technically significant.
The shift is supported by momentum indicators. The MACD histogram has turned positive at +1.39, signaling strengthening bullish momentum and increased buying participation.
Momentum Remains Constructive
The 14-day Relative Strength Index currently stands at 60.36. This places SOL in bullish territory without indicating overbought conditions, suggesting there is room for further upside if buying pressure persists.
Short-term traders are now using the $137 area as a support level, entering on pullbacks and reinforcing the breakout zone.
How Outset PR Leverages Data-Driven Approach in Crypto PR
Outset PR connects market events with meaningful storytelling through a data-driven methodology rarely seen in the crypto communications space. Founded by PR strategist Mike Ermolaev, the agency approaches each campaign like a hands-on workshop—building narratives that align with market momentum instead of relying on generic coverage or templated outreach.
Beyond just monitoring on-chain flows, Outset PR monitors the media trendlines and traffic distribution through the lens of its proprietary Outset Data Pulse intelligence to determine when a client’s message will achieve the highest lift. This analysis informs the choice of media outlets, the angle of each pitch, and the timing of publication.
A key part of the agency’s workflow comes from its proprietary Syndication Map, an internal analytics system that identifies which publications deliver the strongest downstream syndication across aggregators such as CoinMarketCap and Binance Square. Because of this approach, Outset PR campaigns frequently achieve visibility several times higher than their initial placements.
Outset PR ensures that each campaign is market-fit and tailored to deliver maximum relevance at the moment the audience is most receptive.
Resistance Levels and Upside Targets
The next resistance to watch lies at $143.04, corresponding with the January 11 high. A clean break above this level would confirm continuation and likely attract additional momentum-driven buying.
If $143.04 is cleared, the technical setup opens the path toward the $150 level, which acts as the next major upside target and a psychological milestone.
Solana Price Outlook
Solana’s break above the 30-day SMA and key Fibonacci level has improved its near-term outlook. With momentum indicators supportive and traders defending the $137 zone, attention turns to $143.04. A successful breakout there would strengthen the bullish case and bring $150 into focus, while failure could result in short-term consolidation above newly reclaimed support.
Disclaimer: This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.
Investment Disclaimer
