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Solana (SOL) drops 4.5% to $103.70, needs 12% gain to confirm trend reversal above $116

Technical Signals
22 Oct 2026
Tokenpost
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Bearish
Solana (SOL) drops 4.5% to $103.70, needs 12% gain to confirm trend reversal above $116

Solana (SOL) fell 4.5% over 24 hours to $103.70 on Binance as of October 22, falling below key resistance levels. To confirm a trend reversal, SOL needs to rise above $116, which would then set a medium-term target of $150. Previous technical analysis showed resistance points at $110.60, $113.84, and $119.99, with SOL currently below all these levels, indicating a cautious outlook until these are cleared.

Solana (SOL) trades at Rp1.860.005 on Pluang as of Oct 23, 2026 01:23 WIB, down 4.80% over the past day. This drop aligns with the article's note of a 4.5% fall, highlighting a cautious market sentiment. Pluang data shows balanced order activity with 50% Sell and 50% Buy, and a typical hold time of 71 days, indicating steady investor engagement despite recent price weakness.

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