Guavy AI Editorial TeamSentiment: -3Clout: 40

Solana Price at Risk of Breakdown Below $80 Amid Double-Top Pattern

Solana's price has been experiencing significant downward pressure in recent days, with the altcoin struggling to stay above the $90 resistance zone. The formation of a double-top pattern on the daily chart suggests that the price may be due for a breakdown below $78, which could lead to a larger move towards the low-$70 range.

According to CoinGlass liquidation heatmap data, there are dense leverage clusters concentrated between $83 and $81, with another major liquidity pocket sitting near $78. These zones could become magnets for price action if volatility increases during the coming sessions.