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Summit：6.25 SOL : Double top breakdown crash, rebound is just a retest confirmation, bearish pattern unchanged
$SOL
Entry: short around 68.5-69.5, stop loss zone 72, target 64-62
Hourly level clearly formed a double top reversal pattern at 75, key neckline 68 was effectively broken down with volume, standard bearish structure confirmed
According to the measured move of the double top pattern, measuring equal distance downward from the neckline, the theoretical downside target is in the 60-61 range. The current low has basically reached the measured target. But the overall downward structure has not been damaged. The short-term rebound is a technical retest after the breakout, with no reversal signal to stop the decline appearing. After the rebound ends, the probability of further decline is still much higher than reversal.#Gate股票7x24小时交易 #USD1链上质押享年化9.48%