🎯 SOLANA HOLDS ABOVE $100: THE BREAK OF $107 WILL DEFINE THE NEXT MOVE
Solana has been trading within the $100–$105 range for two weeks, and analysts point to $107 as the key resistance level it needs to break to confirm the continuation of the bullish momentum.
On the daily chart, SOL broke $98.41 during August’s rally, shifting the trend structure from bearish to bullish. On the 4-hour chart, the price reacted in the 78.6% Fibonacci retracement zone around $98.3.
If SOL breaks above $107, the next targets are $110.6, $114.29, and potentially $120. If it loses $94.95, the 4-hour structure turns bearish, and the next deep support lies at $79–$85.
Solana is also preparing the Alpenglow update, which would reduce finality time to 150 milliseconds.
Are you going to trade the $107 breakout or the $100 support?
Click here to trade 👉🏻 $SOL
Solana has been trading within the $100–$105 range for two weeks, and analysts point to $107 as the key resistance level it needs to break to confirm the continuation of the bullish momentum.
On the daily chart, SOL broke $98.41 during August’s rally, shifting the trend structure from bearish to bullish. On the 4-hour chart, the price reacted in the 78.6% Fibonacci retracement zone around $98.3.
If SOL breaks above $107, the next targets are $110.6, $114.29, and potentially $120. If it loses $94.95, the 4-hour structure turns bearish, and the next deep support lies at $79–$85.
Solana is also preparing the Alpenglow update, which would reduce finality time to 150 milliseconds.
Are you going to trade the $107 breakout or the $100 support?
Click here to trade 👉🏻 $SOL