Solana Stalls at $110 Resistance Amid Bullish Uptrend

Solana's price has surged by 12.3% over the past week, reaching $105.23 but failing to break through a major resistance zone at $110.

According to analysts, this pullback from $110 is an internal correction within a broader uptrend, rather than a reversal.

The support zones in focus are between $102.57 and $106.76, which is considered weak and relevant mainly for intraday moves, and the more important zone between $90.46 and $94.83, calculated using Fibonacci retracement from Solana's low on August 16 to this week's high.

If the upper support breaks, pressure would build toward the lower zone, and the price would need to stabilize near the August 26 swing low to keep the bullish structure intact.