Summary: Solana (SOL) has experienced a significant drop, reaching $120.12, and has reached the lower part of the Ichimoku Cloud on the weekly chart. This suggests that the token is at a critical support level and may consolidate before a possible reversal. If the support at $120.12 holds, Solana may avoid further decline and potentially move back into the cloud, signaling a trend reversal. However, if the support fails, the price could experience more downside pressure and potentially reach the $100 mark. Despite the decline, the market sentiment for Solana remains relatively stable, indicating the possibility of a strong rebound. The coming weeks will be crucial in determining Solana's future direction.



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