The post Solana Price Prediction: SOL Tests $120–$130 Support as Analysts Flag Downside Risk Below $120 appeared on BitcoinEthereumNews.com.

Solana price trades near the crucial $120–$130 support zone as bearish sentiment and technical pressure persist, with participants watching closely to see whether price holds or breaks lower. Solana price continues to trade under pressure as the price consolidates near the $125 level, a zone that has increasingly come into focus amid growing bearish sentiment across the market. While some investors view the pullback as an opportunity, multiple market watchers caution that technical structure has yet to show convincing signs of strength. With sentiment deteriorating and price struggling to reclaim key levels, SOL’s near-term direction remains closely tied to how it behaves around current support. Bearish Sentiment Returns as SOL Faces Renewed Criticism Market sentiment around Solana has turned increasingly negative, a shift highlighted by Immortal. One widely shared post noted that broader market hostility towards SOL has resurfaced, framing the current pullback as another phase of pessimism rather than outright capitulation. Market sentiment around Solana turns negative again. Source: Immortal via X Historically, such sentiment extremes have often coincided with late-stage corrections, though sentiment alone does not confirm a price bottom. Instead, it adds context to the broader risk environment surrounding SOL at current levels. Macro Outlook Adds Pressure to Altcoins Broader market risk has also weighed on Solana. A report shared by Coin Bureau referenced Fundstrat’s outlook for a potential crypto market correction in the first half of 2026. Under this scenario, downside targets for major assets were outlined, including a $50–$75 range for Solana. While these projections represent a base-case scenario rather than a definitive forecast, they have contributed to caution across the altcoin market. Analysts emphasize that such macro views are conditional and depend heavily on broader liquidity and risk sentiment. Fundstrat outlines bearish downside scenarios for major crypto assets. Source: Coin Bureau via X Descending…

---

Filed under: News - @ December 21, 2025 8:27 pm