The crypto market is still recovering from last week’s big drop. Metals already bounced back hard, and coins like HYPE are still showing relative strength. However, most major coins can’t pick a direction yet, and the overall market feels stuck in “wait mode.” Today, we’re looking at Solana and the big question traders keep asking.
Did Solana bottom at 100?
Solana price finds support at the 100 level
Solana sold off hard from the 127 area and dropped roughly 25% before buyers stepped in. The decline slowed down right as SOL reached the psychological 100 level, and that is not random. Round numbers attract attention, and SOL has also respected this zone before, which makes it a real battlefield for bulls and bears.
From a price action view, the rebound from 100 suggests that dip buyers are active again. On lower timeframes, the move can be read as the start of a V-shaped recovery attempt. That doesn’t mean the trend is fully flipped yet, but it does mean the sell pressure cooled down and the market is willing to defend this level.
RSI shows momentum slowly returning
Momentum indicators are starting to improve, but they are not screaming “bull market” yet. On the four-hour chart, the relative strength index climbed up after being deeply oversold, which tells us the panic selling faded. This is often what you want to see before a relief bounce can develop.
On the daily chart, RSI also dipped into oversold territory. Historically, those readings have often lined up with local bottoms for SOL. Still, RSI is only one tool, and it works best when it matches what the chart is already showing, meaning higher lows, strong closes, and rising volume.
Key resistance levels Solana must break
Even if Solana did bottom at 100, price still needs to prove itself on the way up. The first resistance zone to watch sits around 113 to 115, where prior support and trendline resistance meet. If SOL gets rejected there, a pullback toward 100 would not be surprising.
The next big zone is 125 to 130. This area often acts like a ceiling because it lines up with moving averages and a previous supply region. If SOL can reclaim that range and hold it, the market narrative shifts from “dead cat bounce” to “real recovery attempt.”
Above that, 150 becomes the next major level. If Solana can push through 150 with conviction, momentum could speed up. That would also confirm that buyers are not just defending 100, but actually taking control again.
Weekly chart hints at a much larger move
Zooming out, the weekly chart makes the 95 to 100 zone look even more important. This area has historically acted as strong support, and the last time SOL bounced hard from that range, it later ran into the 200s. When a level holds across multiple timeframes, it becomes a magnet for traders and longer-term investors.
If a similar rebound plays out again, a longer-term target around 240 to 260 becomes realistic. That would roughly match the idea of a 150% rally from the lows. Still, the 140 to 160 zone will likely act as heavy resistance, because that’s where long-term moving averages tend to slow rallies and shake traders out.
Solana on-chain activity remains strong
The chart is one part of the story, but Solana’s on-chain activity is another. Total value locked has been climbing and recently pushed to new highs when measured in SOL terms. That suggests capital is still being deployed inside the ecosystem, even while the market is shaky.
Network activity has also stayed hot. Transactions, decentralized exchange volumes, and active addresses have all been trending higher. In general, rising usage is a good sign because strong chains tend to recover faster once macro conditions calm down. works.
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My trade idea on Solana
Solana under 100 feels like a gift, especially with an all-time high near 300. But on higher timeframes, I’m not fully convinced the correction is done. An ABC move down could still need one more leg, and I wouldn’t rule out a deeper push toward 80 if the market gets another wave of fear.
For long-term investors, a DCA plan under 100 makes sense. It reduces the need to time the exact bottom, and it lets you build exposure while the market is still uncertain. If 100 ends up being the real bottom, you’re in early. If we break lower, you still have room to average.
For short- and mid-term traders, you can try a small long here and treat it as a tactical trade. The idea is simple: see if the channel stays intact and if volume increases on this retest. Place a stop loss below the channel support, and keep the position size sensible for the risk you’re taking. Always trade with a plan, because guessing without a plan is how traders donate money to the market.
Personally, I’m watching for a scalp setup. If we see stronger bids and better volume near this level, a push into the next resistance zones becomes likely. If the bounce is weak and volume stays thin, I’m not interested in forcing it.
Final words
Solana 100 is a major decision level. The bounce, the momentum reset, and the on-chain strength all suggest buyers are active here. But price still needs to break resistance before anyone should talk about a full trend reversal.
If you’re investing, DCA under 100 can be a clean strategy. If you’re trading, keep it small, respect your stop, and don’t fall in love with a bias. The market will show its hand soon enough, and your job is to be ready when it does.
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