📊 Solana (SOL) Update — 20 October 2026

Solana

1. SOL Market Overview

Latest available market data:

SOL price: Approximately $104–$105

INR value: Approximately ₹9,900–₹10,000 per SOL

Short-term trend: Neutral to bearish

Important support: $100

Important resistance: $110

SOL rebounded recently after approaching $100, but the recovery still needs confirmation.

2. Latest Solana News 📰

1. Price recovery: SOL gained as buyers entered near the $100 support area.

2. ETF outflows: US spot Solana ETFs recorded approximately $25.5 million in net outflows during the week ending October 16, indicating recent institutional investment pressure.

3. Network upgrade: The planned Alpenglow upgrade is an important development to monitor. Its impact on price will depend on implementation and market expectations.

3. Important SOL Support and Resistance

Level Price (USD) Signal

Resistance 2 $120 Stronger bullish hurdle

Resistance 1 $110 Breakout level

Current zone $104–$105 Decision area

Support 1 $100 Major psychological support

Support 2 $95 Potential lower support

These are approximate technical reference levels, not guaranteed targets.

4. SOL Prediction: Bullish or Bearish?

🟢 Bullish scenario

SOL holds above $103.

Price breaks above $110 with strong trading volume.

The next potential targets are $115 and $120.

🔴 Bearish scenario

SOL falls below $100.

Selling pressure increases.

The $95 area becomes the next potential support.

My view: SOL is attempting a recovery, but the short-term trend remains uncertain. A confirmed breakout above $110 would strengthen the bullish case.

5. What Should You Do?

Tell me your trading plan:

1️⃣ LONG — You expect SOL to rise.

2️⃣ SHORT — You expect SOL to fall.

3️⃣ SPOT BUY — You want to invest for the long term.

Reply 1, 2, or 3, and I’ll help you assess SOL/USDT entry levels, targets, and stop-loss risk.

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