๐ด Bearish Scenario (stronger in double top pattern)
Key support/neckline: 183โ185 USDT.
If broken with high volume:
Double top confirmed.
Correction target = peak difference โ neckline.
210 โ 185 = 25 points โ target ยฑ160 USDT.
Additional confirmation:
RSI drops < 40.
EMA(7) crosses below EMA(25).
Short-term direction โ down.
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๐ข Bullish Scenario (if support is strong)
If 183โ185 holds (bounces):
Double top fails.
Price can retest the resistance area of 197 โ 200 USDT.
If strong volume โ continue to test 210 USDT (previous peak).
Additional confirmation:
RSI rises > 60.
Bullish candle with volume greater than the previous 2 candles.
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๐ Summary:
Breakdown 183 โ target down to 160s (bearish).
Support 183 holds โ target up to 200โ210 (bullish)
#solana #RetracementEntry $SOL