Solana has pulled back over 7% from its 2026 high near $108 and is currently hovering around the $97–$100 range. That dip has sparked some fear, but a repeat of the brutal 2022 meltdown doesn’t seem very likely. What we’re seeing looks more like a healthy correction than the start of a full-blown collapse.
Right now, $SOL is sitting on a key demand zone between $97 and $100. As long as buyers continue to defend this area, a relief bounce toward higher levels remains on the table.
Key Levels
Support: $97–$100
Resistance: $104 / $106 / $108
Bullish Targets
TP1: $104
TP2: $106
TP3: $108
TP4: $112
Stop Loss: $95
Bias: Bullish as long as price stays above $97
Momentum may be cooling, but the structure isn’t broken—yet.