Solana is showing signs of a potential double top pattern on its price chart — a bearish formation that could spell trouble for the short-term price action on the SOL/USD chart. This pattern, characterized by two consecutive peaks at approximately the same level, can indicate that a reversal from the current uptrend may be imminent.The price of SOL recently faced resistance near the $100.60 mark, where the second peak of the potential double top is forming. A failure to break through this level could see SOL retreating to find support
The first local target on the downside would be the $95.07 level, which previously acted as both support and resistance. A breach below this point may lead to a test of the more critical support at $77.08, a level that could be decisive for the medium-term market sentiment around SOL.
