Solana Eyes $100 Breakout As TD Sequential Indicator Flashes Buy Signals Amid Selling Pressure Co...

SOL2,98%

The Solana (SOL) coin is currently in the spotlight as its price movement appears to be in the process of reversing, according to a revelation disclosed today by market analyst Ali Martinez. Solana, a cryptocurrency known to support scalable decentralized applications through its high-performance blockchain network, appears to be approaching a potential rebound as technical analysis shows that recent selling pressure is declining, as per market observation from the analyst.

As identified by the analyst, the TD Sequential indicator is flashing a buy signal on the Solana market, signalling that the asset is entering a critical moment associated with a bullish reversal. The TD Sequential indicator is a technical analysis tool that helps traders to identify the exact time of trend exhaustion and looming price reversal.

TD Sequential flashes a buy signal on Solana $SOL, suggesting a rebound. pic.twitter.com/NVwoeMgEXu

— Ali Charts (@alicharts) March 27, 2026

What The TD Sequential Buy Signal Means For Solana

Today, the analyst identified that Solana could be on the brink of experiencing a significant price surge. According to a technical analysis shared today by Martinez, the TD sequential indicator signals a buy opportunity on SOL’s weekly timeframe, right after the asset spent time in a significant downtrend that started from March 5, when the asset was trading at $139.05.

Based on the data, SOL continued its downward trend, which saw it fall to a low of $82.61 on March 23, on Monday this week. Since then, the asset has been experiencing sideways movements over recent days. Today, Solana trades at $83.40 after witnessing a 4.9% decrease and another 6.2% down noted over the past week, showing its sideways movement, with the buy signal emerging at $85.96, according to data from the analyst.

Technical analysis from the TradingView platform shows that the first buy signal appeared around $85.96 this week on Wednesday, 25 March, amidst the ongoing sideways movements, and followed by another buy signal noticed today around $83.05, near the current price range. The two repeated signals point out that Solana’s downtrend could be coming to an end, paving the way for an imminent breakout in price soon.

The current price of Solana is $83.31. SOL Targets $100 As Institutions Buy The Dip

Solana is maintaining a crucial support level at $81.36, showing early signs of a price rebound as aggressive token holders begin to reposition themselves in the market. On-chain data shows buying pressure is rising in the market, a catalyst that recently neutralized the downward momentum, turning it into a sideways movement.

Aggressive buyers, especially whales and institutions, appear to be participating in token accumulations, though the activity is still not enough to outweigh the prevailing selling pressure. Data shared by Martinez on Monday this week indicated that institutions had been withdrawing SOL tokens from centralized exchanges over the past 96 hours; an indicator of significant exchange outflows as strategic investors channeling tokens to self-custody, showing no intention to sell any time soon.

The silent token accumulation underneath the Solana market suggests that SOL is preparing to recover its price, possibly setting the ground to break above $100, the crucial psychological mark, in the coming days

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Gate’s “Crazy Wednesday” is live with a hot launch. Complete tasks to win XRP and Glenfiddich whisky. For USDT savings, earn up to 100% APY. For BTC/ETH/SOL staking, earn up to 16% mining APY.

Gate News message, according to Gate’s official announcement on April 15, 2026 Gate launches a “Crazy Wednesday” campaign, running from April 15, 2026 at 14:00 to April 19, 2026 at 16:00 (UTC+8). Users complete multiple tasks to unlock mystery boxes, with a chance to win XRP tokens and Glenfiddich whisky. The mystery box tasks include multiple categories such as flash swaps, spot, and futures trading, as well as top-ups, invitations, and VIP upgrades, and each tier corresponds to a different number of mystery box openings. Campaign Two launches a USDT wealth-management product, with a 14-day fixed-term annualized yield of 6%. New users can also participate in a 3-day product offering 100% annualized yield. In addition, Yu’e Bao also offers multi-currency wealth-management options such as USAT, USDD, 0G, and APT, with annualized returns of up to 300%. Campaign Three introduces a boosted rewards policy for staking users, offering up to a 16% annualized return for staking BTC, ETH, and SOL; for SOL staking, staking 0–1 coins can yield up to 16% annualized.

GateAnnouncement04-15 04:27
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