Solana Price Stalls Above $100 as Technical Indicators Flash Warning Signs

Solana's price held above $100 on September 3, but warning signs are emerging from its technical indicators.

The daily close at $101.02 reflects a market in flux, with both constructive structure and cooling momentum at play. After breaking through the $100 threshold late last month, Solana now faces the challenge of sustaining its price without a significant pullback.

The MACD histogram turned negative at -0.13, indicating that momentum is losing steam despite a healthy RSI reading of 64.24. This internal disagreement between price and momentum indicators suggests that Solana's market is experiencing a pause rather than a complete loss of thrust.