SOL Bullish to $120 on ETF Inflows & Futures Data
Key Questions
Why is Solana's price showing bullish momentum?
Solana has risen 5% and holds $90, reclaiming the 100-day moving average for the first time in 205 days, fueled by strong ETF inflows—the highest since February—and whale accumulation.
What technical indicators support Solana's rally?
Key indicators include open interest at $5.69B (up 7-30%), positive funding rates, short liquidations with L/S ratio at 1.14, RSI at 77, and MACD above EMAs. Support is at $86.
What are the price targets for Solana?
Traders eye $100-$120 targets amid altcoin recovery and ETH dominance shift, with ETF inflows and futures data boosting rally expectations from the $90 hold.
SOL +5% $90 hold reclaims 100DMA (205d first), ETF inflows strongest since Feb/OI $5.69B +7-30%, pos funding/short liqs L/S 1.14, RSI 77/MACD>EMAs/whale buys; $86 supp eyes $100-$120 amid alt recovery/ETH dom shift.
Sources (2)
Updated May 12, 2026