Solana Breaks Out, Recovering Above $135 as Technical Signals Suggest Bullish Reversal

Solana has staged a notable rebound, reclaiming the crucial $135 level and surpassing its 100-hour simple moving average (SMA). This bullish move comes after breaking through a bearish hourly trend line. However, Solana still faces resistance near these levels, necessitating a break to prevent further pullback. The technical indicators suggest positive momentum with the hourly MACD turning strongly bullish, while RSI sits above 50, signaling an improving short-term performance.