Solana Approaches Critical $120 Support as Technical Structure Faces Decisive Inflection Point

TLDR: Solana tests the $120-$127 zone, where the ascending trendline from the 2023 lows meets horizontal support. Token broke $136 support with a bearish engulfing candle after months in $130-$145 trading range. Solana DEX maintains $8.43 billion TVL despite price weakness, showing that network strength persists. A hold above $120 could target a $180-$200 recovery; [...]

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