Solana Down 13%, But This Indicator Just Turned Bullish

Solana Down 13%, But This Indicator Just Turned Bullish

An analyst has pointed out how Solana has recently formed a signal on the Tom Demark (TD) Sequential that could imply a potential reversal for the asset’s price. Solana Has Seen A TD Sequential Buy Signal On The 12-Hour Timeframe In a new post on X, analyst Ali Martinez has talked about a signal that has appeared on the 12-hour price chart of Solana. The signal in question is based on the Tom Demark (TD) Sequential, a technical analysis (TA) ind…

Solana (SOL) Price Forecast: TD Buy Signal Sparks Hopes of Rebound - Blockonomi

TLDR:  TD Sequential flashes buy signal on Solana’s SOL 12-hour chart after 13% weekly drop Key support identified at $150, with upside resistance between $161 and $167 SOL trading volume tops $3.23B, showing strong activity despite recent losses Traders prepare for bounce or further drop to $130 if $150 fails to hold Solana appears positioned for a potential recovery after recent market turbulence sent the cryptocurrency tumbling from its late…