Solana is holding around the $100 zone — but the market is watching closely.
$SOL has faced renewed selling pressure after failing to maintain the recent recovery, with derivatives traders reducing leveraged positions as price struggled around resistance. �
tradingkey.com
📊 WHAT'S HAPPENING?
🔹 SOL: Around $100–$102
🔹 Key psychological zone: $100
🔹 Market condition: Consolidation / cautious sentiment
🔹 Main pressure: Broader liquidity + selling flows
🔹 Important catalyst: Bitcoin and overall market direction
Recent data also points to scheduled SOL selling from the FTX/Alameda estate as an additional source of spot-market pressure. �
CoinMarketCap
🧠 MY TAKE
The interesting part isn't the dip itself.
It's whether buyers can continue absorbing the selling pressure around $100.
If SOL stabilizes and momentum returns, the recent weakness could turn into another consolidation phase.
But a decisive loss of the $100 area would weaken the short-term structure and put lower levels back on the radar.
For now: Price + Volume + BTC Direction = the three signals I'm watching.
No hype. No guaranteed target.
Just the market structure.
👇 Is $100 becoming SOL's support — or is another test coming?
#SOL #Solana #SolanaPrice #aACryptoNews #CryptoMarket