Solana Price Keeps Saving $100 at the Last Minute

Solana traded near $100.5 on the SOL/USDT daily chart on October 29, down about 1.9% after moving between $99.3 and $102.6. Its pullback from a $124.7 swing high has brought it to the 0.382 Fibonacci retracement near $100, a calculated pullback level that coincides with the round number; recent dips below $100 have ended with daily closes above it. Just beneath, a rising 100-day simple moving average—a rolling average of recent prices—sits near $97.7 as a second support level. The daily candle briefly fell to $99.3 but remained open.