Solana Crypto Nears $120 as Daily Uptrend Holds, Short-Term Momentum Fades

Trading at $119.51 on September 25, 2026, Solana crypto sits just beneath the psychological $120 level after weeks of climbing above every major moving average on the daily timeframe. The question now is whether that climb still has momentum or whether the market is due for a pause.

Key takeaways

• $SOL trades at $119.51, hovering directly below the $120 resistance and the daily upper Bollinger Band near $121.98.
• The daily EMA stack (20/50/200) remains in a clean bullish order with healthy separation between all three averages.
• Daily RSI14 at 67.49 signals strong but not yet extreme momentum, leaving room for both continuation and a pullback.
• Shorter timeframes (1H and 15m) show visible momentum deceleration, with the 15m RSI14 nearly neutral at 55.98.
• The Fear & Greed Index at 71 (Greed) creates tension against a -0.50% daily dip in total crypto market cap to $2.913 trillion.

Daily Structure: $SOL Still in a Clean Uptrend

On the daily timeframe the regime is unambiguously bullish. Price at $119.51 sits above the EMA20 ($108.70), EMA50 ($99.32) and EMA200 ($91.67), and all three averages are stacked in the correct bullish order with clear separation between them. That kind of spacing typically signals a trend that has been running for a while without much interference — buyers have been in control structurally, not just recently.