$SOL just printed a double-top reaction after a sharp intraday recovery from the 134 zone. The move up was strong, but price is now pausing near the same rejection area, which tells us momentum is slowing — not reversing yet.
Right now, this is a decision zone, not a chase zone.
What’s happening on the chart
Price pushed from 134 → 138+ with clean higher lows
Faced rejection twice near 138.5–139 (Top 1 & Top 2)
Current price holding above the short-term base around 136.5–137
This means bulls are still defending structure, but need confirmation.
🔼 Bullish breakout scenario
If #Solana reclaims and holds above 139:
Expect continuation toward 141.5 → 144
Momentum expansion likely as liquidity above highs gets taken
🔽 Bearish / pullback scenario
If price loses 136.5:
Short-term pullback toward 135 → 134
Still healthy as long as 134 holds (higher-low structure intact)
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$SOL just printed a double-top reaction after a sharp intraday recovery from the 134 zone. The move up was strong, but price is now pausing near the same rejection area, which tells us momentum is slowing — not reversing yet.
Right now, this is a decision zone, not a chase zone.
What’s happening on the chart
Price pushed from 134 → 138+ with clean higher lows
Faced rejection twice near 138.5–139 (Top 1 & Top 2)
Current price holding above the short-term base around 136.5–137
This means bulls are still defending structure, but need confirmation.
🔼 Bullish breakout scenario
If #Solana reclaims and holds above 139:
Expect continuation toward 141.5 → 144
Momentum expansion likely as liquidity above highs gets taken
🔽 Bearish / pullback scenario
If price loses 136.5:
Short-term pullback toward 135 → 134
Still healthy as long as 134 holds (higher-low structure intact)