Crypto
Solana Price Hinges on $107 Breakout
The Solana price is currently at $104.87, and momentum has gone completely flat.
The MACD line and its signal have converged to a dead heat, producing a zero histogram.
This isn't a signal to panic, but it is a clear signal that the easy money has been made and the next leg requires fresh fuel.
The Bollinger Band setup is also significant, with the %B reading at 0.70, indicating that price is threading between the midline near $101.62 and the upper band at $109.74.