Solana Price Analysis: Will SOL Break Through $103.95 or Fall Back to $95?
Solana's price has been stuck at $101.04 as the MACD momentum has gone flat and open interest is bleeding lower.
According to Felix Pinkston, a clean daily close above $103.95 could open the door to $110-$115, but failure here puts $95 on the table.
The RSI at 64.26 isn't screaming danger yet, but Bollinger Band context suggests that SOL is sitting firmly in the upper half of its volatility envelope, with the upper band at $115.46 representing real estate if momentum reignites.
Despite a +0.94% gain on $205M in Binance spot volume, sell-side aggression marginally outpaced buyers across the session, which isn't a capitulation signal but also not the kind of conviction flow that powers sustainable breakouts.