Solana at $106: Head-and-Shoulders Pattern Threatens Drop to $80
- —A daily close below the $100 neckline would confirm the pattern and target $80, 25% below current price
- —The 7-day average SOL ETF flow has turned to minus ~40,000 SOL per day, the deepest of 2026
- —Tokenized RWAs on Solana total about $4.4 billion, roughly double the early-May level
- —A weekly break above $130 would invalidate the bearish setup and open the way to $215–220
Why it matters: The Alpenglow upgrade on Oct. 21 could act as a catalyst, but ETF outflows weigh on price — watch the $100 and $130 levels.
Source: BeInCrypto