Solana Tests $115 Resistance as Market Structure Turns Bullish
- —SOL trades near $108.79, down 3.47% in 24 hours after retreating from $112.39
- —Break above $96 flipped market structure bullish; near-term support at $107.50
- —Weekly VWAP near $115 is the key hurdle; a break opens $125 and $140–145
- —Daily active stablecoin addresses on Solana reached 888,000, up 269% YoY
Why it matters: A weekly close above $115 would confirm the trend reversal, while losing $96 would shift focus back to the $80–90 demand zone.
Source: Blockonomi