Solana Price Prediction: Bulls Defend Structure Ahead of $97 Breakout Test
May 11, 2026
< 1 min read
by Maxwell Mutuma
for CoinEdition

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- Solana bulls defend breakout structure as momentum targets the $100 barrier zone
- Open interest cooldown signals cautious trader positioning after SOL market surge
- Spot outflows weaken significantly as investors await stronger confirmation signals
Solana continued attracting bullish momentum this week as traders pushed the asset toward a major resistance cluster near $97. The recent breakout on the four-hour chart followed several sessions of steady accumulation above key support zones.
Buyers maintained control throughout the rally, while market structure shifted firmly in favor of continuation. However, the rapid price expansion now raises the possibility of increased volatility as traders approach psychologically important levels near $100.
Solana Momentum Strengthens Above Key Averages
SOL traded comfortably above all major exponential moving averages dur…
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