SOL / TetherUS
Short

$SOL just printed a double-top reaction after a sharp recovery

125
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)

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.