Solana Price Consolidates Near $101 Amid Key Resistance

Solana's price has been consolidating near $101.50 after recovering from a low of around $98. The token is currently trading within a tightening symmetrical triangle pattern between $100 and $103.

The critical resistance level for Solana lies near $104, $106, with a daily close above this range potentially pushing the price toward $110.50.

On the other hand, if Solana's price drops below $98, it could lead to further declines toward $94.50, $96.