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Solana (SOL) Hits Make-or-Break Wall: Double-Top Flashes Warning Signs

Solana (SOL) Hits Make-or-Break Wall: Double-Top Flashes Warning Signs

Published:
2025-05-02 09:27:31
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Solana (SOL) Faces Key Resistance: Double-Top Pattern Hints at Correction

Solana bulls just ran into a brick wall—the kind that makes traders check their stop-loss orders twice. A textbook double-top pattern is forming near key resistance, and the charts are screaming ’correction incoming.’

Technical traders are sweating: If SOL can’t punch through this level, we’re looking at a 15-20% slide. But hey—if you believed the ’Ethereum killer’ hype at ATH prices, you’ve probably already mastered the art of rationalizing losses.

Meanwhile, the ’institutional adoption’ crowd keeps recycling 2021 talking points. Funny how those narratives always surface right before liquidity disappears.

|Square

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