Solana Price Consolidates Below $107.48, Wait for Rebound Before Buying

Solana (SOL) is coiling at $105.21, below a significant resistance level of $107.48.

Despite being in an uptrend, with all major moving averages stacked below price, the momentum engine has stalled mid-run, according to technical analysis.

The MACD histogram has printed zero, and aggressive taker selling signals a pullback before any sustained push upwards.

Traders are advised to wait for a retest of $102.52 or possibly as deep as $99.84 on a shakeout, rather than chasing current price into resistance.