Solana price holds $100 as bulls target $110 retest

Solana price traded near $102.50 on Aug. 31 after retreating from a weekly high of $110.04, but its daily and 4-hour charts show that the broader August breakout remains intact above $100. Summary Solana price gained 4.2% from Aug. 25 through Aug. 31 despite falling 6.8% from its weekly high. Daily RSI cooled to 68.43 after moving above 70 during the late-August rally. 4-hour Supertrend support sits at $100.95, making $100 the main short-term level for bulls. Liquidation clusters near $100.50 and $104–$105 could amplify Solana’s next move. Solana price cools after reaching $110 According to data from crypto.news, Solana (SOL) price opened Aug. 25 at $98.56 and rose to an intraday high of $110.04 on Aug. 27, producing an 11.6% advance in less than three days. Its price subsequently pulled back to around $102.50 on Aug. 31, reducing the weekly gain to roughly 4.2%. The retreat followed a much larger recovery from Solana’s early-August low near $71. From that level to the weekly peak, SOL gained approximately 55%, leaving the token vulnerable to profit-taking as traders approached the end of the month. Solana’s daily chart shows that the rally pushed the price above the upper Bollinge...