<ul><li>Solana dropped over 1.9% in the past 24 hours and hit a new low of $120 amidst market volatility.</li><li>After reaching an all-time high of $294.33 in January, Solana has faced challenges like network congestion and market corrections, resulting in a 19% price decline in the last ten days.</li><li>Solana's price movement has been limited, with low trading volumes, trading between $120 and $124, and struggling to break a key resistance level at $135.</li><li>Technical analysis indicates bearish pressure on SOL, with the primary support level projected at $97.69 and the possibility of further decline to $110.</li></ul>

Solana Faces Market Volatility, Drops to $120 Amid Uncertainty

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