Analyst Ali Martinez has identified the $120 price level as crucial support for Solana (SOL). His analysis shows this level, repeatedly acting as a pivot point in SOL’s price fluctuations, could be instrumental in determining its future trajectory. When SOL maintains position above $120, it often signals potential for bullish momentum, while a dip below the threshold might indicate a shift towards bearish trends. 2023 has been particularly volatile for Solana, leading to significant market movements. Market sentiment and broader economic conditions have heavily influenced price action. The asset’s ability to hold or break the $120 level will likely set the tone for its medium-term performance.