Solana Crypto Stalls Near $108 as Bullish Momentum Fades
Solana crypto has stalled near $108 as bullish momentum fades, according to recent market analysis. On September 6, 2026, Solana's price sat at $106.98, a decisive resistance shelf that will determine its next directional move. The daily chart shows the price stretched above every major moving average, yet momentum gauges are beginning to fade exactly where conviction is most needed.
The hourly frame offers a cleaner bullish read, with the EMA20, EMA50, and EMA200 stacked correctly beneath the close of $106.99, and the MACD histogram here is actually positive. However, on the 15-minute chart, tension becomes visible in real time, with RSI14 cooling to 60.2 from the hourly's 68.93, and the MACD histogram has flipped slightly negative.
On-chain data points to genuine network usage, with PumpSwap fees rising 123.14% in 24 hours and 23.72% over 30 days, while Raydium AMM and Orca DEX posted double-digit monthly gains despite mixed daily swings.