Solana (SOL) recently experienced a significant price drop, falling nearly 10%. The decline started after SOL failed to climb above the $135 resistance level. Currently, it is trading below $130 and faces further downside risks. Immediate resistance levels are $126.50 and $130, while major support levels are $122 and $120. If SOL fails to recover, it could see additional losses towards the $112.50 support. The market sentiment remains bearish, with the hourly MACD and RSI indicators reflecting negative trends.