Solana (SOLUSD) Price Forecast: January 3
SOLUSD is making positive moves and looks good to buy at the $117.00 supply level. The crypto can swing up further and test the supply level of $125.97. Should the bulls increase their pressure, the resistance level of $117.00 may not hold and it may extend to a $130.00 high level and beyond.
Key Levels:
Resistance Levels: $115.00, $116.00, $117.00
Support Levels: $75.00, $74.00, $73.00
SOL (USD) Long-term Trend: Bullish (Daily Chart)
SOLUSD indicates an upward trend and looks good to buy with a bullish sentiment in its long-term perspective. The coin is trading above the level of $113.00. The market is presently facing resistance at the recent high. 
The coin has been making a series of high highs and high lows in the past few days and has sustained the price to keep rising and remain firm and stronger above the resistance trend levels in its recent high.
The bulls’ action increases the price of Solana up to the $117.00 resistance level above the supply trend levels as the daily session opens today. Hence, staying above the EMA-50 indicates a strong possibility for a bullish correction. A strong break-up above the $125.97 resistance point would strengthen the bullish pressure and also make the coin look good to buy more.
Furthermore, if coin buyers can maintain their position above the $125.97 high mark and close a candle, closing above the mentioned resistance will indicate a potential BUY. As a result, in the long run, the price of SOLUSD could pump or surge higher to hit the $130.00 resistance level as the coin looks good to buy for the coin buyers in its higher time frame.
SOL (USD) Medium-term Trend: Bullish (4H Chart)
Solana’s price is in a bullish market and also looks good to buy at the moment. Further, the coin is trading strongly above the moving average of 50. 
The bulls hit the resistance level of $114.42 above the EMA-50 as the 4-hourly chart resumes today. However, the buy traders could not relent, as they aimed to drag the price further to a significant level.
However, the bullish correction at the mentioned resistance level is an indication that the bulls are planning to strongly move the price of SOLUSD to a high level at the upsides and the $130.00 supply trend line might be the target also in the future in its medium-term outlook.
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