Solana Price Keeps Saving $100 at the Last Minute

Key Takeaways 0.382 Fib and round number meet at $100. 100-day SMA near $97.7 is the backstop. 50-day SMA and 0.236 Fib cluster near $109.5. Below $92.3, the 200-day sits near $88.8. SOL traded around $100.5 on the SOL/USDT daily chart , down about 1.9% on the session after swinging between $99.3 and $102.6. Why $100 is doing double duty Solana’s pullback from its $124.7 swing high has brought it back to the 0.382 Fibonacci retracement of the advance from about $59.9, and that level lands at almost exactly $100.