SOL TD Sequential Signals Buy as $210 Support Holds

Crypto analyst Ali Martinez has identified what technical traders call a double buy signal on Solana (SOL) using the TD Sequential indicator. This specific signal consists of both a TD9 and an S13 count, which are typically watched for potential trend reversals during sustained downtrends. The appearance of this combination suggests that the recent selling pressure on SOL may be exhausting itself, setting the stage for a possible upward move. The signal was highlighted as SOL price action returned to and began consolidating around the critical $210 support level.

The significance of the $210 zone extends beyond the TD Sequential signal. This price point aligns with the 0.618 Fibonacci retracement level from SOL’s previous upward leg and also corresponds with the lower boundary of an ascending channel that has been in place since August. According to Martinez’s analysis, the fact that SOL has already retested this $210 breakout zone and is now moving sideways indicates that the broader bullish structure remains valid, provided this support level continues to hold.

If the $210 support level holds firm, analysts have identified clear resistance levels that SOL would need to overcome. The immediate upside targets are $228 and $253, price zones that have historically seen significant trading activity and could present selling pressure on the way up. A successful break above these levels would signal stronger bullish conviction and could open the path toward more ambitious targets.

Beyond the initial resistance, technical projections based on Fibonacci extensions and the upper boundary of the rising channel point to potential targets of $280 and possibly $320. These levels represent significant upside potential from current prices and would require sustained buying momentum to achieve. The analysis suggests that the $210 support is the linchpin for this entire bullish scenario—a breakdown below this level would invalidate the optimistic outlook.

Despite the bullish TD Sequential setup, momentum indicators tell a more nuanced story. The 4-hour Relative Strength Index (RSI) currently sits at 22, firmly in oversold territory. This reading indicates intense recent selling pressure and suggests that the market may be stretched to the downside in the short term. While oversold conditions can sometimes precede bounces, they don’t guarantee immediate reversals.

The Moving Average Convergence Divergence (MACD) indicator also remains bearish, with the MACD line trading below the signal line and the histogram continuing to print below zero. Although the histogram bars are showing signs of reduction in size—potentially indicating slowing downward momentum—the indicator has not yet generated a clear bullish crossover signal that would confirm a trend change. This divergence between the TD Sequential buy signal and ongoing bearish momentum creates uncertainty about the timing of any potential recovery.

Market views on SOL’s near-term direction remain mixed. Analyst BitGuru noted that SOL showed strong momentum earlier, pushing to $250, but the recent drop has brought the price back to the $218-$220 support zone. He emphasized the binary nature of the current setup: “If this level holds, a pullback could follow toward the $230 region. A breakdown, on the other hand, may expose SOL to further downside pressure.”

At the time of the analysis, Solana was trading at approximately $210, reflecting a 3% decline over the previous 24 hours and a 12% drop over the past week. Daily trading volume stood at $8.37 billion, indicating continued significant market interest despite the price weakness. The convergence of technical signals at this key juncture makes the $210 level a critical battleground that will likely determine SOL’s direction in the coming sessions, with traders watching closely for either a confirmed bounce or breakdown.