Solana Price Sees Technical Crossroads at $100

Solana's price has retreated to around $100 after a recent surge above $109. The cryptocurrency is currently at a technical crossroads, with possible downside targets ranging from $94.83 to $90.46.

The one-hour chart suggests that the pullback may still be unfolding as wave C in a larger bullish structure, which could attempt another advance if support around $94.83 holds.

The daily chart shows a potentially bullish moving-average crossover developing beneath price, with the 50-day simple moving average closing in on the 100-day average.