Solana Price Hinges on Holding Key Support Level

Solana's price recovery above $100 is crucial for its next leg of growth. The token recently pulled back from its late-August high near $110, but traders are optimistic that it can extend its rally if support at $100 holds.

According to analyst Ucan, the bullish structure remains intact as long as SOL trades above $97.70. On the upside, a clean break through the resistance zone between $108 and $110 could expose significantly higher targets, including a larger breakout level of $120.

The area between $100 and $110 is particularly important for Solana's price prediction. While short-term liquidation liquidity remains concentrated around $108-$110, a daily move above $110 would strengthen the case for a continuation toward $120.