NewsCryptoSolana Breaks Above $110 as Analyst Points to $133 as Next Key Level

Solana Breaks Above $110 as Analyst Points to $133 as Next Key Level

Author: CryptoNewsNet·

Key Takeaways

  • •Solana surpassed the $110 ceiling that had constrained its price for weeks, and a Coinpedia technical analysis identifies $133 as the next resistance zone to watch.
  • •The outlook comes days after the same analyst anticipated a 20% move higher for Solana, a scenario that is now materializing.
  • •Solana is outperforming Bitcoin as measured by the/BTC pair, and the analyst believes the current bounce likely has further to run before hitting resistance.
  • •A bull market has not yet been confirmed, as the analyst wants to see a higher low — a pullback that bottoms above the prior low — to validate a genuine trend reversal.
  • •The nearest supports are $111.06 and $107.40; staying above $107.40 keeps the short-term uptrend intact, while a break below it would be the first sign of a forming local top.
Solana Breaks Above $110 as Analyst Points to $133 as Next Key Level

Solana has pushed above $110, clearing a level that had capped the token for weeks and opening the door to a potential run toward $133, according to a technical analysis published on Coinpedia. Just days earlier, the same analyst had flagged the possibility of a 20% move higher for Solana — a scenario that has now begun to unfold.

Why $133 Is the Next Level to Watch

The $133 mark coincides with a key resistance zone on the chart — the kind of price area where selling pressure has historically slowed advances. The analyst stressed that it is not a guaranteed target but said he expects Solana to reach it as long as Bitcoin's own rally continues, given the tendency of the two assets to move in tandem. As momentum builds, the analyst plans to keep adjusting support levels based on where the price establishes its next low.

Solana Is Outperforming Bitcoin

Solana has recently been outperforming Bitcoin. Measured directly through how the two assets trade against each other — typically via the SOL/BTC pair, where a rising reading means each SOL buys more Bitcoin — Solana still has room to climb before reaching its own resistance zone.

According to the analyst, the current bounce likely is not finished, meaning Solana could continue gaining ground on Bitcoin in the near term. That dynamic would change only if Solana falls back below a specific lower support level, which would signal Bitcoin resuming its lead.

Bull Market Confirmation Not Yet in Place

Despite the strength, the analyst stopped short of declaring a full bull market. To confirm such a shift, he wants to see a clear pattern of the price climbing in stages, pulling back only partially on each decline, and then pushing to new highs again — the sequence of higher highs and higher lows that technicians treat as the hallmark of an established uptrend.

Solana has already registered a higher high relative to its previous peak, breaking above its May high even before Bitcoin did — a development consistent with its current outperformance. However, the analyst is still waiting for a confirmed higher low — a pullback that bottoms above the prior low — before characterizing the move as a genuine trend reversal rather than just a bounce.

Key Levels for the Days Ahead

On the shorter-term chart, the analyst is watching $107.40 as the nearest support level — the kind of price zone where buying interest has previously slowed declines. As long as Solana holds above that threshold, the short-term uptrend remains intact, while a break below it would be the first sign that a local top is forming. A tighter, more immediate support sits at $111.06, a level useful for tracking very short-term price action.

Outlook

Solana's momentum remains strong for now, but the analyst was clear that nothing in crypto comes with guarantees. In his view, the setup favors further upside toward $133 as long as Bitcoin keeps climbing and Solana continues to hold its support levels. A confirmed bull market call, however, still awaits more evidence — specifically, a solid higher low once the next peak is reached.