🟣🔻 SOLANA SLIPS BELOW US$100 — US$96 COULD BE DECISIVE.
The $SOL reached approximately US$96.54, accumulating a 5.64% drop over 24h. The loss of US$100 increased selling pressure and placed the asset in an important technical zone.
📊 Technical levels:
🟢 US$96–97: immediate support
🟢 US$92–94: secondary support
🔴 US$100–101: first resistance
🚀 US$103–105: upper resistance
🔥 US$110: next barrier
📌 The current scenario:
🟣 SOL near US$96.5
📉 5.64% drop over 24h
🛡️ US$96–97 as defense
🔥 US$100–101 as the first barrier
🔥 WHY DOES THIS REGION MATTER?
The US$96.39 region is one of the main short-term supports. Holding this range could favor stabilization and a recovery toward US$100–101. But a break below US$96 could open room for US$92–94.
The drop comes after the U.S. Senate failed to advance the CLARITY Act on September 15. Today, September 16, the Federal Reserve’s decision is the main macro event for risk assets.
Despite the correction, the network keeps moving forward. Transaction V1 increased the maximum transaction size from 1,232 to 4,096 bytes.
Solana spot ETFs also recorded about US$11.06 million in net inflows on September 14, led by Bitwise’s BSOL.
Another relevant update is Alpenglow, which aims to reduce transaction finality to approximately 150 milliseconds.
Technically, a recovery of US$100–101 could restore strength to SOL and put US$103–105 on the radar.
On the other hand, a loss of US$96 could increase selling pressure and push the price toward US$92–94.
⚠️ The main point to watch now is US$96. The reaction after the Fed decision may determine whether this region holds as support or if new lows are tested.
With SOL below US$100, US$96–97 remains one of the main technical regions, while US$100–101 is the first barrier for a recovery. 📊
#sol #solana #etf
The $SOL reached approximately US$96.54, accumulating a 5.64% drop over 24h. The loss of US$100 increased selling pressure and placed the asset in an important technical zone.
📊 Technical levels:
🟢 US$96–97: immediate support
🟢 US$92–94: secondary support
🔴 US$100–101: first resistance
🚀 US$103–105: upper resistance
🔥 US$110: next barrier
📌 The current scenario:
🟣 SOL near US$96.5
📉 5.64% drop over 24h
🛡️ US$96–97 as defense
🔥 US$100–101 as the first barrier
🔥 WHY DOES THIS REGION MATTER?
The US$96.39 region is one of the main short-term supports. Holding this range could favor stabilization and a recovery toward US$100–101. But a break below US$96 could open room for US$92–94.
The drop comes after the U.S. Senate failed to advance the CLARITY Act on September 15. Today, September 16, the Federal Reserve’s decision is the main macro event for risk assets.
Despite the correction, the network keeps moving forward. Transaction V1 increased the maximum transaction size from 1,232 to 4,096 bytes.
Solana spot ETFs also recorded about US$11.06 million in net inflows on September 14, led by Bitwise’s BSOL.
Another relevant update is Alpenglow, which aims to reduce transaction finality to approximately 150 milliseconds.
Technically, a recovery of US$100–101 could restore strength to SOL and put US$103–105 on the radar.
On the other hand, a loss of US$96 could increase selling pressure and push the price toward US$92–94.
⚠️ The main point to watch now is US$96. The reaction after the Fed decision may determine whether this region holds as support or if new lows are tested.
With SOL below US$100, US$96–97 remains one of the main technical regions, while US$100–101 is the first barrier for a recovery. 📊
#sol #solana #etf
