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Solana (SOL) trades near $121 with mixed signals; 55% chance to rise to $130, 45% chance to drop to $116.

Technical Signals
05 Oct 2026
Blockonomi
View Source
Neutral
Solana (SOL) trades near $121 with mixed signals; 55% chance to rise to $130, 45% chance to drop to $116.

Solana (SOL) traded around $121.44, moving within a narrow range and showing all major moving averages below the current price, suggesting upward momentum. Resistance lies between $122.49 and $123.53, with support at $120.20 and $118.95. Derivatives data from Binance shows a majority of traders are long, but open interest fell 7.29%, indicating position closures. Analyst Rebeca Moen sees a 55% chance for SOL to break resistance and reach $128-$130, while a 45% chance exists for a drop to $116.31 or lower. Bitcoin's price movement in the coming weeks may influence SOL's direction as it tends to follow broader crypto trends.

Solana's market cap stands at Rp1.281,18 trillion as of Oct 05, 2026, 17:02 WIB, with a 24-hour trading volume of Rp40,01 trillion on Pluang. The token is trading at Rp2.160.906, showing a slight 0.13% decrease in the past day. Pluang users currently favor buying Solana, with 75% of order activity on the platform being buy orders, and the typical hold time is 70 days, indicating steady investor interest.

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