Solana price loses 11% in a week, is $100 the next test?

Solana price has rebounded toward $108 after falling close to $100, but its position below daily trend resistance leaves the recovery facing an early test near $111. Solana price traded near $107.77 after recovering from an intraday low of $101.69. Daily Bollinger Band resistance stood at $116.43, with lower-band support near $106. CoinGlass showed the strongest nearby liquidation concentration around $111, above the latest price. Weekly support stood at $93.75, while analysts outlined different paths for the correction. TradingView’s Binance SOL/USDT daily chart showed Solana trading at $107.77 on Oct. 13, up 1.90% during the session.

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