Solana SOL technical analysis

SOL is trading at $103.18, up 1.65% on the day, with momentum positive. Both the 4-hour and daily RSI14 sit near 62 and 61 respectively, while price holds above the daily SMA20 at 97.002, confirming an intact uptrend.

The immediate battle is between the 4-hour resistance at 104.38-105.00, which has held four touches, and the support zone at 102.28-103.08, tested five times. Price sits inside this range, with a falling resistance trendline at ~105.306 overhead and a rising support trendline at ~101.516 below.

Bulls need a decisive break above 105.00 to open 105.74-106.05, then 107.48-107.94. Bears must defend that resistance and push price below 102.28 to target 100.105-100.415, with further support at 97.21-98.33. The daily resistance at 105.755-106.065 also caps upside if approached.