Solana Price Slides Toward Key $119 Support After Rejection Near $144

On Jan. 25, analyst Ali Martinez indicated that Solana is extending its corrective move after facing strong resistance around $144.62 and slipping below $131.45 to trade near $127. The analysis highlights $119–$119.54 as a crucial support zone that previously attracted strong buying, warning that a failure to hold this level could expose SOL to deeper losses.