Solana Stalls at $106: Will Bulls Break Through?

Solana's price has been holding above the $100 support zone as traders assess whether its latest correction could lead to a fresh breakout.

A potential bull flag on the four-hour chart places $106 as the immediate resistance level, with a sustained move above it potentially opening the path toward $130.

Solana's broader weekly structure points to a longer-term bullish setup, but near-term price action remains decisive.

The $100 support zone has shown strong trading activity, with more than 40 million SOL traded around this price area. High trading concentration can create a zone where buyers and sellers have established substantial positions, making the level important during future pullbacks.