🚨 Is it time to worry or to accumulate? $SOL slides toward $100 📉🐻
Solana is facing a tough test! $SOL has pulled back more than 10% over the past week due to institutional selling pressure in U.S. ETFs, and is currently trading right at the key psychological support level of $102.99. [1]
What you need to know before trading today:
• Critical support: The $98–$100 zone is the most important floor. Holding above it would prevent a deeper drop and leave the door open for a strong technical bounce toward resistance at $107.
• Strong fundamentals: Despite the price drop, the network continues to break liquidity records, and everything is ready for the eagerly anticipated Alpenglow protocol upgrade on October 21. [1, 2]
In the crypto market, corrections caused by short-term fund flows often open up the best windows of opportunity for strong hands.
Do you think $100 will hold as the definitive floor, or will we see lower prices before the upgrade? 👇 Share your strategy in the comments! 🔶
#Solana #SOL #CryptoNews #Trading #BinanceSquare #Altcoins
Solana is facing a tough test! $SOL has pulled back more than 10% over the past week due to institutional selling pressure in U.S. ETFs, and is currently trading right at the key psychological support level of $102.99. [1]
What you need to know before trading today:
• Critical support: The $98–$100 zone is the most important floor. Holding above it would prevent a deeper drop and leave the door open for a strong technical bounce toward resistance at $107.
• Strong fundamentals: Despite the price drop, the network continues to break liquidity records, and everything is ready for the eagerly anticipated Alpenglow protocol upgrade on October 21. [1, 2]
In the crypto market, corrections caused by short-term fund flows often open up the best windows of opportunity for strong hands.
Do you think $100 will hold as the definitive floor, or will we see lower prices before the upgrade? 👇 Share your strategy in the comments! 🔶
#Solana #SOL #CryptoNews #Trading #BinanceSquare #Altcoins