Solana Correction - Is a Drop to $60 Inevitable?

After an explosive 200x rally, Solana surged from its all time low at $1 to a new all time high in 2021, followed by a correction to $10 in 2022. It then made another massive run to $250 in 2024.

Now, a double-top "M" pattern is forming, signaling a reversal. As shown on the chart, we could see a drop to $60.

What's your take - has the top been set, or do you disagree with the bearish outlook? Let me know your thoughts!

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