Solana Holds Ground at $100 Amid Volatility

Solana's price has held above $100 after retreating from its August 27 peak of $110.04, but technical indicators suggest a potential pullback is possible.

The cryptocurrency rose sharply in early August, reaching $71 before increasing to the aforementioned peak and then pulling back to around $102.50 by August 31.

Despite this, daily RSI and 4-hour Supertrend indicators show that the breakout above $100 remains intact, making $100 a critical support level.