Solana Price Prediction: SOL Tests $100 Support

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Solana price prediction remains cautiously constructive as SOL trades around $103.43 on 9 September. The token is down about 0.3% in 24 hours but remains up 3.9% over seven days. Earlier analysis identified the $98-$100 area as key support after SOL reclaimed former resistance near $98. The latest daily chart shows SOL consolidating between about $100 and $110 after breaking above the broader range ceiling. Holding or quickly reclaiming $100 would support the breakout-and-retest setup. A decisive move above $110, and particularly above $110.50, could strengthen the longer-term bullish case and put the $146-$152 area, or about $150, in focus. However, short-term Elliott Wave analysis suggests SOL may still be completing a C-wave decline after a possible B-wave rebound. Resistance is concentrated at $103.89-$106.11. Rejection near $104-$106 could send SOL back towards $98, followed by support at $94.83-$94.39 and $91.57-$90.46. A sustained break below $98-$100 would weaken the recovery, while a clean move below $90 would invalidate the broader bullish setup. For traders, the Solana price prediction is conditional on whether SOL holds $100 or breaks decisively above the $104-$110 resistance band.
Neutral
The combined outlook is neutral because SOL has improved from the earlier recovery near $70 and reclaimed the $98-$100 breakout zone, but the bullish trend is not confirmed. In the short term, resistance at $103.89-$106.11 could trigger a pullback towards $98 or the mid-$90s if sellers remain active. A sustained move above $110-$110.50 would improve momentum and bring the $146-$152 region into focus, potentially attracting breakout traders. Conversely, losing $98-$100 would undermine the breakout-and-retest structure. A break below $90 would materially weaken the recovery and could increase selling pressure. Historically, prices often consolidate after reclaiming major resistance, with follow-through depending on volume and broader market sentiment. Therefore, traders may expect elevated volatility around $100, $106 and $110 rather than a clear directional signal. The longer-term setup is cautiously bullish, but the immediate price impact remains balanced until SOL confirms either a breakout or a deeper correction.