Solana Price Approaches $120 Support Amid Analysts' Rebound Predictions

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Based on TheMarketPeriodical, the Solana price is approaching the critical $120 support level, which has historically acted as a key rebound zone in 2024 and 2025. Analysts warn that a breakdown below this level could push the price toward $70, while a rebound may allow it to retest $152. Despite the recent price decline, network activity and total value locked (TVL) remain strong, with TVL reaching $8.943 billion as of press time.

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