Solana Price Rebounds Above $100 Amidst Ongoing Regulatory Uncertainty
Solana's price has rebounded above $100 after buyers defended the $95, $96 support zone.
The rebound followed a sharp sell-off linked to the US Senate’s failed procedural vote on the CLARITY Act and the Federal Reserve’s 25-basis-point rate increase.
However, Solana's price still faces technical resistance near $102, and concentrated liquidation levels between $101 and $102 could increase volatility during another recovery attempt.