TD Sequential Buy Signal for Solana (SOL) near $75–$80 support, resistance at $100
Solana (SOL) dey show possible rebound setup after dem form TD Sequential buy signal for daily chart. The signal dey attract eye as SOL dey trade near di $75–$80 support zone, but e no mean say di trend go reverse sharply immediately.
Technical structure still weak, wit lower highs and lower lows since di roughly $260 peak and resistance still near $100. Momentum dey mixed: RSI dey around 40–51 (neutral), while MACD don turn small positive but still near di zero line, wey suggest early stabilization rather than strong upside follow-through.
Key levels traders dey watch for SOL: make $75–$80 remain intact; if e break fit open $60–$65. Broader support dey near about $50. For upside, supply dey expected near about $100 and stronger supply around $120–$130.
Traders suppose watch whether SOL fit consolidate near about $82 and then reclaim resistance. If SOL fall back under di support band, dis TD Sequential rebound fit fade.
Neutral
Both reports dey focused on SOL TD Sequential buy signal, but wetin dem get in common na e be say: this signal pass like "bounce window" wey dey trigger near support level, no be confirmation say trend don reverse. For short-term, SOL dey near $75–$80 support band, RSI na neutral and MACD just small turn positive, wey show say downward momentum fit dey weaken. For trading, e better make person wait for consolidation and pullback before confirmation.
But for medium-term structure, e still bearish: since the ~ $260 high e don dey drop in steps from low levels, $100 remain main resistance area, and stronger supply dey expected around $120–$130. If SOL no fit recover well and hold above key resistance or no fit defend the support band, the rebound likely go be "up first then back". So the price impact on SOL dey more neutral: short-term bounce chances dey, but trend upward never dey confirmed by technicals.