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Solana Price Slips Below $125 as Bearish Trendline Caps Recovery Attempts
Solana recently failed to clear the $130 level and has since retreated below $125, trading under its 100-hour simple moving average. The SOL/USD pair is facing resistance around $124–$125, while key support sits near $122 and then $120, with further downside risk toward $112 and $105 if these levels fail. Bulls would likely need a close above $130 to reopen the path toward $135 and $142.