Solana is trading above the important $100 psychological level, making this area one of the most interesting levels on my current watchlist.
$SOL has shown strong momentum, but after a strong move, I prefer watching whether buyers can defend previous support rather than chasing price higher.
The question is:
Can $100 become strong support?
📊 My key levels:
🟢 Support: $100–$102
🟡 Decision area: $105
🔴 Resistance: $110–$115
🟢 Bullish scenario
If $SOL pulls back toward $100–$102 and buyers defend the region, the chart could create a higher low.
A bullish 4H rejection around $100 followed by a reclaim of $105 would be a positive signal.
If buyers then break $110 with volume, momentum could strengthen further.
🔴 Bearish scenario
The main risk is a clean breakdown below $100.
Because $100 is a major psychological number, losing it could change short-term sentiment.
The more important confirmation would be a breakdown followed by a failed retest.
If sellers successfully turn $100 into resistance, I would become more cautious.
📌 My trading view
I am not bullish simply because $SOL is above $100.
I want to see what happens when price interacts with this level.
If buyers defend it, the higher-low structure remains interesting.
If sellers break it, I would wait for a new support level.
The market does not reward impatience.
Sometimes the best trade is simply waiting for confirmation.
4H candel chart,
