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SOL price drop to $120 looks likely, but there’s a silver lining

Summary by Cointelegraph
SOL faces a potential drop to $120, but bulls appear interested in buying at this level.
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The Solana Price (SOL) is at a crucial point after having been under strong sales pressure for weeks. From the high of almost 188 dollars, the price has fallen above 29% and is currently just above an important support zone by 130 dollars. Many are now wondering: Is there a short-term bounce ahead – or a deeper crash?The technical analysis shows: The Relative Strength Index (RSI) scratches at the oversold zone, and the Heikin Ashi candles remain…

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Cointelegraph broke the news in on Saturday, June 21, 2025.
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