#solana #sol

📉 Solana ($SOL ) Price Analysis: Should We Wait for $120?

As of January 25, 2026, bears continue to control the Solana market. After a slight decrease of 0.54% over the past day, the asset is trading around $126.61.

Here are the key scenarios that traders should pay attention to:

🔍 Technical picture:

• Local support: On the hourly chart, $SOL has found support at $125.98. If the day is found significantly above this mark, a short-term test of the resistance level is possible tomorrow.

• Downside risk: On higher timeframes, the price is confidently moving towards $124.67. A breakdown of this zone can provoke a deeper correction to the $120–$122 section.

• Medium-term forecast: So far, no trend reversal signals have been fulfilled. If the weekly candle closes at current levels or below, the target of $116.88 will become very realistic in the near term.

SOL
SOLUSDT
117.79
-7.47%