Solana Coils Near Breakout as Price Compresses Toward $100 Zone

• Ali Martinez says SOL is coiling as Bollinger Bands tighten on the three-day chart.
• SOL trades at $86.42, up 1.1% daily but down 2.4% weekly and 3.2% monthly.
• ETF inflows exceed $1B, but recent flows are mixed, signaling cautious positioning.

Crypto analyst Ali Martinez says Solana is nearing a major price move as volatility compresses. Solana is trading at $86.42, with mixed performance across timeframes. Market data shows a tight range that could determine whether the token approaches $100. 

Martinez: Solana Price “Coiled” for a Move

Martinez highlighted that Solana is stuck in a tight range on the three-day chart, with Bollinger Bands squeezing, a sign that a major move may be coming. He compares it to a compressed spring, where prolonged sideways movement can lead to stronger breakouts once the price moves.

Notably, Solana has been trading between $77…

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