#SOLBreaks100

SOL is back above 100 for the first time since February.
Price is currently trading near 100.11 after a 5.41 percent gain in the last 24 hours. The daily chart shows a strong impulsive move that has carried the short moving average up to 89.99 while the 50-period average sits much lower near 78.19. The upper Bollinger Band is at 100.63 and RSI has climbed to 87.88. Volume expanded clearly on the breakout and MACD remains constructive.
Two specific developments are supporting the move. The SEC’s new regulatory framework has improved overall sentiment toward the sector, and the Agave 4.2 upgrade has given Solana a concrete technical catalyst. Combined with the psychological break of 100, the market has responded with clear momentum.
Bullish continuation would require price to hold the 100 level on a daily closing basis. If that support holds and the short-term structure stays intact, the next measured reference sits near 120. The strength of the volume and the dual catalysts increase the chance that buyers will defend the breakout rather than treat it as a temporary spike.
Pullback scenario is equally realistic after such a rapid advance and an RSI reading above 87. Markets often retest the breakout level once the initial urgency fades. A move back toward the rising short average near 90, or even the mid-80s, would be a normal technical response and would not automatically invalidate the larger recovery.
I view the reclaim of 100 as significant because it arrived with expanding volume and clear fundamental support. At the same time the daily RSI leaves limited room for aggressive chasing at current prices. The more practical approach is to watch how price behaves on the first meaningful retest of the 100 zone. Acceptance turns it into support. Rejection opens the door for a deeper reset.
Did you trade the break of 100 itself, or are you waiting to see whether the level holds on a pullback?
‍@Gate_Square$SOL