‘Every SOL Holder Needs to See This Chart:’ Major Price Move Incoming?

Solana’s native token has dropped sharply over the past month and is now trading just over $100, with analysts split on where it goes next. Merlijn The Trader said on X that SOL’s weekly chart shows a head-and-shoulders technical pattern that could precede a rise toward $210, and said he had accumulated SOL around $88. FOUR | Crypto Spaces said $100 is pivotal: holding it could lead to $114, while a break could send the token to $88. Spot SOL exchange-traded funds saw more than $17 million in outflows last week, and exchange netflow data showed inflows dominating outflows, suggesting increased immediate selling pressure.