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Solana price dips 1.4% after failing to break $107 resistance, signaling possible volatility ahead.

Technical Signals
07 Sep 2026
Crypto news
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Bearish
Solana price dips 1.4% after failing to break $107 resistance, signaling possible volatility ahead.

Solana's price fell 1.4% on September 7, dropping from $106.46 to $104.97 after sellers defended the $107 resistance level. Despite this decline, Solana remains above key moving averages, indicating a still-strong broader trend. However, weakening capital flows and liquidation clusters near $108 and $103 suggest increased risk of volatility. The next key support is between $103 and $104, while breaking above $107 could lead to a retest of $110. Analysts see potential for another upward move if the trend holds, but external factors like Federal Reserve policy could impact momentum.

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