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Solana drops below $100, longs liquidated over $10M amid growing bearish pressure

Technical Signals
11 Sep 2026
AMBCrypto
View Source
Bearish
Solana drops below $100, longs liquidated over $10M amid growing bearish pressure

Solana (SOL) fell below its $100 support level to a low of $98 before a slight rebound, trading around $99.90 with a 1.8% daily loss. The drop triggered over $10 million in long liquidations, signaling panic selling and reduced participation in Solana's derivatives market. Futures outflows exceeded inflows, and momentum indicators show a bearish trend, suggesting potential further declines toward $93 or even below $90 if pressure continues. To reverse this outlook, SOL must close above $102 daily.

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