Solana price slides toward $100, can weekly support save the recovery?

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Solana price has retreated toward $104, putting $100 support back under pressure even as its weekly chart leaves room for the broader recovery to survive. Summary SOL’s daily chart showed $104.47 after an intraday decline to $103.91. The weekly 50-period average near $98.99 sits just beneath the recent $100.62 low. Daily Aroon and Awesome Oscillator readings favored continued downside pressure. U.S. Solana ETFs recorded nine consecutive withdrawal sessions ahead of the scheduled Alpenglow upgrade. Solana is back near the area where its September recovery began to gather strength. After advancing from its summer base toward $124, the token has surrendered much of that breakout, leaving buyers defending a narrower cushion above $100. Solana’s daily chart shows SOL was trading at $104.47, down 0.92% for the session after reaching $107.44. Its inability to hold that intraday advance brings the previous day’s $100.62 low back into focus. Yet the daily and weekly charts tell different parts of the story. Short-term momentum continues to weaken, while the weekly price remains above two moving averages that could help determine whether the pullback becomes a deeper reversal. Solana’s weekl...

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