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Solana gains momentum with $7.5M whale bet; must hold $95 to target $100 resistance

Technical Signals
11 May 2026
AMBCrypto
View Source
Bullish
pluang ai news

Solana (SOL) has shown strong upside momentum in May, rising from $83 to $95, supported by increased whale activity and derivatives market participation. A notable whale placed a $7.5 million leveraged long bet, signaling optimism despite some retracement losses. Momentum indicators like RSI and Chande Momentum Indicator confirm strong buyer pressure, suggesting SOL could reach $100 if it holds above $95. Failure to maintain this level may lead to a drop below $90.

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