Solana has had a volatile run this year, with periods of recovery followed by renewed selling pressure. After climbing toward $125 in late September, the token pulled back in October, slipping toward $107 as traders reassessed its near-term outlook. Now, attention is turning to whether the SOL price could drop below $100 before attempting a recovery toward $150.
With the price struggling to reclaim the $110 to $115 zone, traders are watching key support levels and liquidation clusters for clues about the next move. A break below $100 could extend the correction, while a sustained recovery above resistance could strengthen the case for an upside move.
SOL Faces Pressure Near $110 as Liquidation Risks Build
The SOL price is hovering around $107.80 with a negligible rise in trading volume of nearly 54%. Besides, the liquidation map adds another layer to this setup, highlighting potential clusters of leveraged positions above and below the current price. This suggests that volatility could amplify if the SOL price moves into those areas.
On the downside, the $103 to $105 region stands out as a potential long-liquidation zone, where further selling could trigger forced closures and accelerate a decline toward the psychological barrier at $100. Besides, the $110 to $115 region could become a key test for buyers. The liquidation map highlights potential short liquidation clusters above the market, meaning a recovery into this zone could trigger forced short covering and add momentum to the rally.
Solana Price Analysis: Ichimoku Bearish Crossover Puts $100 in Focus
Solana (SOL) is facing renewed selling pressure after retreating from its recent highs, with the daily chart showing the price near $108. The Ichimoku setup adds to the caution: the bearish crossover signals weakening momentum, while SOL’s position around the cloud suggests that buyers need to regain control before a sustained recovery can develop.
The Cumulative Volume Delta (CVD) adds another bearish consideration, with the latest displayed reading indicating that aggressive selling has outweighed aggressive buying under the indicator’s calculation. Unless CVD improves and SOL reclaims resistance, the current setup favours caution rather than assuming an immediate rebound. A recovery above 110.58–114.07 would help challenge that bearish outlook, while a breakdown below support could strengthen the case for a deeper pullback.
The immediate resistance zone lies between $110.58 and $114.07. SOL needs to reclaim this area to improve its short-term outlook. On the downside, $107.09 is the first level to watch, followed by $102.78. A decisive break below these levels could bring the $100 psychological threshold into focus.
Conclusion: Will Solana Sweep $100 Before Recovering?
Solana’s near-term outlook remains cautious as the bearish Ichimoku setup and negative CVD point to persistent selling pressure. While the liquidation map highlights potential upside liquidity, SOL needs stronger buying momentum to reverse the current trend and challenge overhead resistance.
A break below $102.78 could bring the $100 level into focus, where further liquidations may amplify volatility. Conversely, reclaiming the $110 to $115 resistance zone would weaken the bearish outlook and open the door to a recovery toward higher liquidity levels. Until either scenario gains confirmation, traders may need to remain alert to sharp moves in both directions.
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