🚨
$SOL ALERT: Double Top Confirmed — Is $25 the Next Major Target? 🚨
Team, the weekly
$SOL chart is flashing a serious macro warning, and this setup deserves full attention.
📉 Technical Breakdown (Weekly Timeframe)
A textbook Double Top has formed with major resistance near $260
The long-term ascending trendline has already been broken
Price is now hovering at the critical neckline support: $100–$110
🔻 Key Level to Watch:
A weekly close below $100 confirms the pattern and activates the full bearish measured move.
📍 Projected Target:
➡️ $25 zone (macro downside floor based on pattern projection)
This is a high-risk zone—macro structure must be respected.
🌐 Fundamental Perspective
Despite the bearish technical structure, Solana’s fundamentals remain strong:
Continued DeFi and stablecoin adoption
Strong developer activity
Firedancer upgrade progressing — aimed at major improvements in speed, scalability, and network resilience
📌 Translation:
If price collapses, it’s not a death sentence — it’s a valuation reset.
🧠 Strategy & Action Plan
🔹 Short-Term Traders:
Extreme caution below $110
Expect volatility and possible breakdown continuation
🔹 Long-Term Investors:
View deep pullbacks as macro accumulation opportunities
I am scaling spot buys aggressively between $40–$100
Focused on DCA & stacking, not leverage trades
✅ Verdict: HOLD & STACK
$SOL (Spot Only)
📍 Preferred platform: Binance
💬 Drop the altcoin you’re holding in the comments
We’ll break down its chart next 👇
#SOL #Solana
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