{"id":72503,"date":"2025-06-22T13:49:05","date_gmt":"2025-06-22T13:49:05","guid":{"rendered":"https:\/\/coinjournal.net\/?p=316550"},"modified":"2025-06-22T13:49:05","modified_gmt":"2025-06-22T13:49:05","slug":"sols-pattern-suggests-the-coin-could-drop-to-120","status":"publish","type":"post","link":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/","title":{"rendered":"SOL\u2019s pattern suggests the coin could drop to $120"},"content":{"rendered":"\n<p><span style=\"font-weight: 400\">Key takeaways<\/span><\/p>\n<ul>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">Solana&#8217;s SOL is down 9% in the last 24 hours and risks dropping to the $120 support level.<\/span><\/li>\n<li style=\"font-weight: 400\"><span style=\"font-weight: 400\">The head and shoulder pattern on the daily timeframe indicates that the bears are firmly in control.<\/span><\/li>\n<\/ul>\n<h2>Solana dips 9% amid wider market bearish movement<\/h2>\n<p><span style=\"font-weight: 400\">SOL, the native coin of the Solana ecosystem, is down 9% in the last 24 hours and could drop lower in the coming hours and days. At press time, SOL has dropped below the $130 mark and could test the $120 support level if the bearish trend continues.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Solana&#8217;s poor performance comes amid bearish conditions in the wider market. Bitcoin, the leading cryptocurrency by market cap, has dropped to the $100k region as the crisis in the Middle East escalates.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The United States is increasingly involved, with President Trump threatening further airstrikes on Iran. With Bitcoin dropping to $100k, Ether, SOL, and other major cryptocurrencies are also in the red.<\/span><\/p>\n<h2>SOL could test the $120 support level<\/h2>\n<p><span style=\"font-weight: 400\">With the broader market currently bearish, sellers are in control of the SOL\/UJSD pair. The 4H chart indicates that SOL could face further selling pressure in the coming hours and days.<\/span><\/p>\n<p><span style=\"font-weight: 400\">At press time, the price of SOL stands at $128.6. If the bearish trend continues, SOL could test the next support level at $120 soon. An extended bearish trend could see SOL drop to the $100 level for the first time since April.<\/span><\/p>\n<p><img data-source=\"CoinJournal\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"alignnone size-full wp-image-316551\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2025\/06\/SOLUSD_2025-06-22_14-46-46.png\" alt=\"SOL\/USD 4H chart\" width=\"1793\" height=\"742\"><\/p>\n<p><span style=\"font-weight: 400\">The MACD is deeply in the negative zone, indicating sellers are in control. The SOL\/USD pair also has an RSI of 34, showing strong selling pressure on Solana&#8217;s native coin.<\/span><\/p>\n<p><span style=\"font-weight: 400\">However, if the market conditions improve, SOL could test the first liquidity level around $148 per coin. The second resistance level at $165 seems unlikely at the moment unless the market embarks on a massive rally.<\/span><\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/sols-pattern-suggests-the-coin-could-drop-to-120\/\">SOL&#8217;s pattern suggests the coin could drop to $120<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"\n<p>Key takeaways Solana&#8217;s SOL is down 9% in the last 24 hours and risks dropping to the $120 support level. The head and shoulder pattern on the daily timeframe indicates that the bears are firmly in control. Solana dips 9% amid wider market bearish movement SOL, the native coin of the Solana ecosystem, is down [&#8230;]<\/p>\n<p>The post <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\/news\/sols-pattern-suggests-the-coin-could-drop-to-120\/\">SOL&#8217;s pattern suggests the coin could drop to $120<\/a> appeared first on <a rel=\"noopener\" target=\"_blank\" href=\"https:\/\/coinjournal.net\">CoinJournal<\/a>.<\/p>\n","protected":false},"author":5,"featured_media":72504,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[48,43,1],"tags":[],"class_list":["post-72503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","category-crypto-news","category-general"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.3 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>SOL\u2019s pattern suggests the coin could drop to $120 - CoinAlSat.com<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"SOL\u2019s pattern suggests the coin could drop to $120 - CoinAlSat.com\" \/>\n<meta property=\"og:description\" content=\"Key takeaways Solana&#8217;s SOL is down 9% in the last 24 hours and risks dropping to the $120 support level. The head and shoulder pattern on the daily timeframe indicates that the bears are firmly in control. Solana dips 9% amid wider market bearish movement SOL, the native coin of the Solana ecosystem, is down [&#8230;] The post SOL&#8217;s pattern suggests the coin could drop to $120 appeared first on CoinJournal.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/\" \/>\n<meta property=\"og:site_name\" content=\"CoinAlSat.com\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/coinalsat1\" \/>\n<meta property=\"article:published_time\" content=\"2025-06-22T13:49:05+00:00\" \/>\n<meta name=\"author\" content=\"Author\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Author\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/\"},\"author\":{\"name\":\"Author\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#\\\/schema\\\/person\\\/6fa35040f9ef4ae108188eaeb3ef441b\"},\"headline\":\"SOL\u2019s pattern suggests the coin could drop to $120\",\"datePublished\":\"2025-06-22T13:49:05+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/\"},\"wordCount\":316,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/coinalsat.com\\\/wp-content\\\/uploads\\\/2025\\\/06\\\/sols-pattern-suggests-the-coin-could-drop-to-120.png\",\"articleSection\":[\"Blockchain\",\"Crypto Currency News\",\"General\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/\",\"url\":\"https:\\\/\\\/coinalsat.com\\\/en\\\/sols-pattern-suggests-the-coin-could-drop-to-120\\\/\",\"name\":\"SOL\u2019s pattern suggests the coin could drop to $120 - 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The head and shoulder pattern on the daily timeframe indicates that the bears are firmly in control. Solana dips 9% amid wider market bearish movement SOL, the native coin of the Solana ecosystem, is down [&#8230;] The post SOL&#8217;s pattern suggests the coin could drop to $120 appeared first on CoinJournal.","og_url":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/","og_site_name":"CoinAlSat.com","article_publisher":"https:\/\/www.facebook.com\/coinalsat1","article_published_time":"2025-06-22T13:49:05+00:00","author":"Author","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Author","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/#article","isPartOf":{"@id":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/"},"author":{"name":"Author","@id":"https:\/\/coinalsat.com\/#\/schema\/person\/6fa35040f9ef4ae108188eaeb3ef441b"},"headline":"SOL\u2019s pattern suggests the coin could drop to $120","datePublished":"2025-06-22T13:49:05+00:00","mainEntityOfPage":{"@id":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/"},"wordCount":316,"commentCount":0,"publisher":{"@id":"https:\/\/coinalsat.com\/#organization"},"image":{"@id":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/#primaryimage"},"thumbnailUrl":"https:\/\/coinalsat.com\/wp-content\/uploads\/2025\/06\/sols-pattern-suggests-the-coin-could-drop-to-120.png","articleSection":["Blockchain","Crypto Currency News","General"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/","url":"https:\/\/coinalsat.com\/en\/sols-pattern-suggests-the-coin-could-drop-to-120\/","name":"SOL\u2019s pattern suggests the coin could drop to $120 - 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