Solana’s 10.7% Decline Since Oct. 7 Puts $100 Level in Focus

Solana (SOL) fell 10.7% from $120.65 on Oct. 7 to $107.77 on Oct. 13, bringing the $100 level back into focus as the token remained below key daily trend measures. SOL rose 1.90% during Tuesday’s session after trading between $101.69 and $109.07. The token remained below its daily Bollinger middle band at $116.43, while the lower band stood at $106.01. The next levels below the market were $106, $101.69 and $100. A break below that area would place the weekly chart’s lower boundary at $93.75 in focus. Resistance appeared near $109, $111 and $116.43.