Solana Price Just Broke a Months-Long Descending Trendline: Are $120 Targets Finally Back on the Table?

Solana price is trading near $85.50 with a 24-hour decline of roughly 0.4%, putting bulls on defense heading into the weekend, but the more interesting question is whether this dip masks a larger setup quietly forming on higher timeframes. Technical analysts are watching two converging trendlines across the daily and weekly charts, with a confirmed breakout above a months-long descending resistance potentially pointi…