Crypto
Solana Price Drops Below $120 as Bearish Money Flow Tests Support
Solana's price has dropped below $120 after stalling near its recent high of $125.
The cryptocurrency's price has been trending downward since September 27, when it reached a peak of $124.62 before falling to around $117.50 on September 29.
The decline has led analysts to focus on whether the support level around $117 can hold, with some predicting that if buyers regain control above $118.75 and $120.29, they could push Solana's price back up towards its previous high of $124.62 and potentially even reach $125.
$SOL has been trading at around $117.50 on CoinGecko, down about 1.6% over the past 24 hours.