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Solana Price Predicted to Pull Back Before Reaching $100

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SOL MEW
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The price of Solana (SOL) has reached $92.66, and according to technical analysis, it's likely to experience a controlled pullback into the $87-$90 support zone before making a push toward $100.

With the Relative Strength Index (RSI) at 78.91 and price pressing against the upper Bollinger Band, there is almost zero statistical room left for SOL to run without a mean-reversion event first.

The Moving Average Convergence Divergence (MACD) histogram has flatlined at zero, indicating that bullish momentum has stalled completely.

Despite this, Solana's fundamental positioning remains formidable, and its dominance in the Layer-1 ecosystem for DeFi TVL growth, meme coin launchpad activity, and retail-facing applications makes it a strong candidate to benefit from any positive movement on clearer crypto frameworks.

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