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SOL Price Tests $100 Support as Solana Revisits Key Cycle Low Zone
⬤ Solana is once again trading near a long-term support region that has repeatedly sparked strong rebounds in earlier market cycles. The price has returned to the same area where significant buying kicked in before, and historical chart data confirms multiple reversals from this zone — reinforcing its role as a structurally important level.
⬤ SOL is now hovering just above the $100–$105 range, a major support and potential cycle low. This area has attracted heavy buying interest in the past, and the repeated tests suggest a familiar pattern is playing out. The current pullback follows a sustained decline from resistance near $200 and $260 — more of a corrective phase than a sudden crash.
⬤ If SOL records a daily close below $100–$105, the next downside target falls into the $80–$90 band. Momentum indicators are already showing weakening strength, which aligns with the ongoing pullback and makes the current support area even more critical to watch.
⬤ How Solana behaves at this level tends to shape sentiment across the broader crypto market. A hold at $100–$105 would support the idea that SOL is still running within its repeating cyclical structure. A confirmed break below, though, would signal a deeper correction and shift focus to lower demand zones in the weeks ahead.