Solana Trades at $102.23 After 2.1% Drop, Nearing $100 Zone

Solana (SOL) traded at $102.23 at 3:19 a.m. ET (07:19 UTC) Saturday, Oct. 24, down 2.1% over 24 hours and $2.23 above the $100 level used in an earlier conditional trading scenario.

Analyst Itai Smidt’s Oct. 20 scenario used $100-$105 as a zone and treated a daily close below $97 as its invalidation point. At that price, SOL was $2.23 above $100. That level is a reference in the dated scenario, not an established support floor.

Crypto analyst Alejandro Arrieche’s Oct. 21 scenario set a move above $116 as a condition for confirming a trend reversal. It also made a $150 midterm target conditional on that move. The two analyses set different conditions and did not present directly opposing views.

TokenPost covered Solana’s chart levels in an Oct. 22 market analysis.