Solana holds 4-hour Supertrend as $120 resistance looms
- —SOL trades near $116.05, up 0.92% on the day, session low at $112.52
- —4-hour Supertrend at $112.38 stays bullish; RSI eased to 55.58
- —Resistance: $119.90 upper Bollinger Band and liquidation cluster around $120
- —A break below $112.38 opens the way to $110 and a potential gap toward $96
Why it matters: Holding $112 keeps the bullish structure intact, but $120 is the key level for either a rally extension or a reversal.
Source: crypto.news