Trader Carl Moon highlighted a bearish double top pattern on Solana, with a breakdown to $152.76 as the target zone.
The completion of the bearish structure at $152.76 could signal a potential reversal, according to Carl Moon's analysis.
The support zone at $152.76 might serve as a turning point for Solana, leading to a potential consolidation before a bullish breakout.
Solana's resilience in the face of market volatility and the significance of technical levels in guiding trader behavior were emphasized in the analysis.