*🚨 Solana (SOL) Signals of a Potential Pullback — Key Levels to Watch! 📉*

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Solana (SOL) is currently trading at *160.91*, showing signs of a possible pullback. Here is a breakdown of the technical indicators and strategies to consider:

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📉 Bearish Chart Patterns Resistance Zones

- *Double Top Formation*: A double top pattern has formed on the daily chart, with the neckline around *160*. A break below this level could lead to a drop towards *145*, and potentially further down to *115–120* if bearish momentum continues. [1]

- *Bear Flag on the 4-Hour Chart*: A bear flag pattern is developing after a sharp decline, suggesting the possibility of continued downward movement. [2]

- *Resistance at 160–165*: SOL faces strong resistance in the *160–165* range, reinforced by the 50 and 200-period EMAs. [3]