Solana’s Bullish Turn: What TD Sequential Recommends for Buying SOL
Solana’s Bullish Turn: What the TD Sequential Says About Buying SOL
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- The TD Sequential has issued a rare buy signal, positioning Solana for a potential breakout towards $250 resistance.
- Solana’s TVL has surged to $8.312 billion, driven by strong fundamentals and positive derivatives metrics that are exciting market participants.
Solana [SOL]s trading price is currently at$190.04, having recovered from its recent correction and nearing an important support area.
The cryptocurrency has experienced a price increase of 4.91% within the last 24 hours, although it shows an overall decline of 11.43% over the past week.
The consolidation phase is reflected in the 24-hour trading range of $180.35 to $192.86, while strong support near the lower Bollinger Bands is indicated by the seven-day low of $176.72.
Analysts foresee recovery based on indicators
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SOL’s Path Forward Looks Bullish If Key Levels Hold Firm!
The outlook for Solana appears optimistic with robust technical setups as well as formidable network activity indicating recovery ice if essential resistance points are overcome.>
