Double Top Alert: SOLUSDT Setup Screams Reversalšš„š„
#SOLUSDT is displaying a textbook double top formation just under a well-respected resistance zone. This kind of structure is no jokeāitās a consistent precursor to sharp downside when liquidity gets taken from retail longs who are too eager to buy high. The market rarely gives second chances. What youāre looking at now is one of them.
šPrice has printed a double top around the $185 to $188 region. That zone has repeatedly acted as a ceiling, and buyers have failed to maintain any strength above it. The lack of follow-through is a major sign of exhaustion, especially after the second tap failed to even test the previous high with conviction.
šInstead of breaking out, SOLUSDT has rolled over and is now struggling under the $176.23 minor resistance. That weakness is already being confirmed on lower timeframes. As long as this area holds as resistance, there is no justification for any probable aggressive long setups. This is a market preparing to punish overleveraged traders.
šThereās a clear invalidation for this setup, and itās extremely important to stick to it. Any 4H candle closing above $190.18 would break this structure and force us to step back and reassess the setup. Until that happens, the current bearish thesis remains firmly in play.
šThe current structure is heavily skewed toward the downside. Bears are clearly in control below $176.23, and the market has shown no signs of reclaiming key levels that would shift that control back to the bulls. Any bounce should be treated as corrective unless proven otherwise by a structural shift.
Strive for consistency, not quick profits, Paradisers. Treat the market as a businessman, not as a gambler. If you master that mindset, youāll already be far ahead of the crowd.$SOL $BTC $XRP
