Solana has formed strong support at $120, demonstrating strong bullish momentum, with significant capital inflow confirming its network appeal.

$143 is a key resistance level, with indicators such as OBV and RSI suggesting potential for a breakout.

If a breakout is successful, $150-$160 will become the target; the $123 support level should be monitored.

The market is cautiously optimistic, and whether a breakout occurs will determine if it can initiate a new round of upward momentum.