$SOL is showing signs of weakness after failing to break above the $144.85 level, forming a potential double top on the 4H chart. The rejection candle, coupled with increasing sell volume and flat momentum, signals growing bearish pressure.
This setup suggests that sellers are testing the bulls' strength, and if the price slips below the key $139 support zone, a sharper pullback could unfold. A short entry between $141.00 and $142.50 targets downside levels at $137.80, $134.60, and $130.00. With resistance holding firm and bearish signals stacking up, this could be the early stage of a deeper retracement. A stop-loss above $145.50 helps protect against a breakout scenario. #sol