🔥 SOL IS TESTING A REGION THAT COULD DEFINE ITS NEXT MOVE
Solana is once again testing an important area after losing momentum above $100. On Thursday, September 17, SOL is fluctuating near $95–99, keeping the market focused on support in this range.
While the price pulls back, the network’s fundamentals continue to receive updates. Transaction V1 increased the maximum transaction size from 1,232 to 4,096 bytes, and the next major catalyst is the Alpenglow update, scheduled to begin activation on September 28.
🔹 📉 Price: SOL is in the $95–99 region after losing $100 again.
🔹 🛡️ Support: the $94–95 area has become an important point for buyers to defend.
🔹 🎯 Next level: reclaiming $100 would put $105 and $110 back on the map as resistance regions.
🔹 🚀 Catalyst: the Alpenglow update, expected on September 28, could increase attention on Solana’s infrastructure.
🔹 ⚠️ Risk: a consistent break below $94 could increase selling pressure and put nearby $90 regions on the technical radar.
SOL is at an interesting point of contention: on one side, there is institutional demand and capital inflows through ETFs; on the other, the price still needs to reclaim $100 to show that buyers have regained control in the short term.
👀 Do you think SOL holds this range and returns to $100, or is another correction still coming?
#solana $SOL #Binance
Solana is once again testing an important area after losing momentum above $100. On Thursday, September 17, SOL is fluctuating near $95–99, keeping the market focused on support in this range.
While the price pulls back, the network’s fundamentals continue to receive updates. Transaction V1 increased the maximum transaction size from 1,232 to 4,096 bytes, and the next major catalyst is the Alpenglow update, scheduled to begin activation on September 28.
🔹 📉 Price: SOL is in the $95–99 region after losing $100 again.
🔹 🛡️ Support: the $94–95 area has become an important point for buyers to defend.
🔹 🎯 Next level: reclaiming $100 would put $105 and $110 back on the map as resistance regions.
🔹 🚀 Catalyst: the Alpenglow update, expected on September 28, could increase attention on Solana’s infrastructure.
🔹 ⚠️ Risk: a consistent break below $94 could increase selling pressure and put nearby $90 regions on the technical radar.
SOL is at an interesting point of contention: on one side, there is institutional demand and capital inflows through ETFs; on the other, the price still needs to reclaim $100 to show that buyers have regained control in the short term.
👀 Do you think SOL holds this range and returns to $100, or is another correction still coming?
#solana $SOL #Binance
