Solana Stays Above $103 Despite Selling Pressure

Solana slipped 1.4 percent on September 7 after failing to push past the $107 resistance level. This recent rejection shows that buyers are struggling to gain enough momentum to carry the price higher in the short term.

Market data reveals that capital flows are currently weakening, which creates a difficult environment for bulls. With liquidation clusters forming nearby, the risk of sudden price swings remains high for traders holding open positions.

Whether the coin can keep its $103 support level is now the main question for the market. If buyers fail to defend this point, the price could see additional downward movement. Investors should monitor how the asset behaves near this key technical zone in the coming days.