Solana Bulls Eye $90 as Critical Support Level Holds

Solana (SOL) has been on a tear lately, and analysts are eyeing its potential to reach $90 as it defends the crucial support level of $75.

As of writing, SOL is trading at $82.05, up 1.24% in the past day with a trading volume of $2.32 billion, representing a 3.46% increase from yesterday's levels.

The analysts believe that if buyers can maintain control, the next upside zone for Solana could be between $85 and $90, provided that it stays above the $75 support level. However, a break below this level could weaken the bullish outlook.

Crypto analyst BitGuru highlighted that SOL gained bullish momentum after breaking out of its consolidation range, with $75 as a significant support level. If buyers maintain control, Solana's price action could be influenced by the 20-day EMA at $74.65 and the 50-day EMA at $75.96.