Solana showed strong recovery momentum this week. After testing key support levels, SOL broke through the weekly resistance zone near $126.65 on January 2nd, then extended gains over the following five trading sessions. The price surge reached approximately 12% in that five-day window, eventually closing above the 50-day EMA around $136.75.

This rebound signals potential bullish consolidation. The breach above the moving average suggests buyers are defending higher price floors. On the weekly timeframe, the $126.65 level proved critical—it held as support rather than breaking down, which reversed the prior bearish pressure.

Technically, reclaiming the 50-day EMA ($136.75) matters for momentum traders tracking medium-term trend shifts. If SOL maintains above this average in coming weeks, the next resistance cluster moves into focus. Conversely, any pullback below $136 would test whether the recent rebound has real follow-through or was just a dead cat bounce off support.