Investment
Features
FeesSafety
Academy
More
Pluang+

Solana breaks $97.70 resistance, eyes $120 next amid heavy liquidation near $106-$107

Technical Signals
04 Sep 2026
Coinpaper
View Source
Bullish
Solana breaks $97.70 resistance, eyes $120 next amid heavy liquidation near $106-$107

Solana (SOL) recently broke above the key resistance level of $97.70, turning it into support and trading around $105. This breakout signals a bullish setup with the next major resistance at $120.23, followed by $146.56 if momentum continues. However, a heavy concentration of leveraged positions around $106-$107 could create short-term price pressure. Holding above $97.70 is crucial to maintain the rally, while a drop below this level risks a deeper retracement toward $81.35. Clearing the $106-$107 liquidation zone would strengthen near-term momentum and focus attention on the $120 resistance level.

More News (SOL)

U.S. spot XRP ETFs saw $3.14M net inflows on Oct 6 despite XRP price dip.

U.S. spot XRP ETFs saw $3.14M net inflows on Oct 6 despite XRP price dip.

On October 6, U.S. spot XRP ETFs recorded a combined net inflow of $3.14 million, led by Bitwise's XRP ETF with $10.55 million inflows, while Franklin's XRP ETF saw outflows. Despite these positive fund flows, XRP's price fell from about $1.52 to $1....

Market News
Neutral
8 hours ago
Worldcoin (WLD) launches on Solana via Sunrise, expanding token access and potential trading activity.

Worldcoin (WLD) launches on Solana via Sunrise, expanding token access and potential trading activity.

Worldcoin (WLD) is now available on the Solana blockchain through the Sunrise platform, integrating the token into Solana's ecosystem. This move could boost trading volume and user engagement on Solana if WLD gains popularity. WLD is connected to the...

Market News
Neutral
10 hours ago
AI models pick Hyperliquid's HYPE, Solana's SOL, and Zcash's ZEC as top crypto picks for 2026 growth.

AI models pick Hyperliquid's HYPE, Solana's SOL, and Zcash's ZEC as top crypto picks for 2026 growth.

A crypto exercise using 10 AI models selected Hyperliquid's HYPE, Solana's SOL, and Zcash's ZEC as leading picks for strong year-end performance in 2026. HYPE was favored for its trading activity, automated purchases, and potential U.S. regulatory ac...

Analyst Insights
Bullish
11 hours ago
Solana sees 33% rise in new addresses, outpacing Ethereum and Chainlink in user growth.

Solana sees 33% rise in new addresses, outpacing Ethereum and Chainlink in user growth.

Solana has experienced a 33% increase in new wallet addresses since September 1, signaling rapid user adoption despite a modest 20% price gain. This growth outpaces Ethereum and Chainlink, which saw little to no increase in new addresses despite pric...

Protocol Fundamentals
Bullish
16 hours ago
Solana hits 14M stablecoin holders and $1B card volume, boosting its role in payments and institutional settlement.

Solana hits 14M stablecoin holders and $1B card volume, boosting its role in payments and institutional settlement.

Solana's stablecoin ecosystem has grown rapidly, reaching over 14 million holder addresses and $15 billion in supply, with stablecoin card transactions surpassing $1 billion. This growth highlights Solana's expanding role beyond crypto trading into p...

Protocol Fundamentals
Bullish
16 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App