Solana Surpasses $140, Technical Indicators Suggest Further Gains Ahead
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Price Breakthrough: Solana (SOL) surged above $140 after settling above $132, reflecting strong market demand and investor confidence, potentially paving the way for further gains toward resistance levels at $145 and $150.
- Technical Indicators: The current price is above the 100-hour simple moving average, with a bullish trend line providing support at $138, indicating that the price is likely to maintain above this level in the short term, enhancing investor optimism.
- Resistance Testing: If SOL can break above the initial resistance at $145, it may further challenge $150, and even targets of $162 and $170, showcasing strong market interest and potential upside.
- Risk Monitoring: Traders are watching $140 as initial support; a breach below $138 could lead to a pullback toward $132, reminding investors to exercise caution when chasing gains to avoid potential losses.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
