After hitting the projected reversal zone near 144–145, SOL/USDT has now formed a clean double top, reinforcing the bearish thesis initially outlined by the harmonic pattern. The second peak failed to break the macro descending trendline, and the price is now trading back below the 100% Fibonacci retracement of the XA leg.
This double top adds structural confirmation to the harmonic C-point rejection:
Volume remained lower on the second peak
RSI on the 30m chart printed a lower high while price matched previous highs — a textbook bearish divergence
PVT continues to flatten despite price volatility, suggesting a lack of bullish conviction
Price is now slipping below 143, and bearish momentum is building.
This double top adds structural confirmation to the harmonic C-point rejection:
Volume remained lower on the second peak
RSI on the 30m chart printed a lower high while price matched previous highs — a textbook bearish divergence
PVT continues to flatten despite price volatility, suggesting a lack of bullish conviction
Price is now slipping below 143, and bearish momentum is building.
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