📉 $SOL
/ USD – Double Box Breakdown Confirmed! 🚨
Solana just played out a textbook double distribution pattern, breaking hard below $150 after consolidating in the $160–$180 range. The structure shows clear weakness — and the recent bounce near $142 looks like a retest of broken trendline support.
🔎 Technical Breakdown:
• Two distribution zones formed: $160–$180 and $150–$160
• Support trendline lost and confirmed as resistance
• Volume spike confirms sell-side pressure
⚠️ If this structure holds...
Expect $SOL to range between $140–$150 before deciding next direction. Losing $140 opens up $128–$130 targets short-term.
🎯 Key Levels:
• Resistance: $150.00 / $160.00
• Support: $142.00 → $130.00
• Invalidated if price reclaims $155+