๐ Solana Down 13%, But TD Sequential Just Flashed Bullish
Current Price: $153.90
Timeframe: 12-hour chart
TD Sequential: โ
Buy Signal Activated
โ๏ธ Whatโs Happening?
Solana just printed a TD9 Buy Setup on the 12H chart โ a classic signal for potential bottoming.
Comes after a 13%+ drop over the past week.
Historically, TD9 setups often mark local reversals, especially after sharp declines.
๐ BUT โ Whale Activity Signals Caution
๐ฅ Whale moved 2.86M SOL ($441M) to Binance.
Typically a pre-distribution move โ could fuel selling pressure.
๐ What to Watch Next
Short-Term Rebound Zone: $158โ$165 (test of broken support/20EMA)
Key Resistance: $173 (needs flip for bullish continuation)
Critical Support: $140 โ break = opens door to $125โ$130
๐ง TL;DR:
SOL just flashed a TD9 buy signal on 12H = potential reversal setup.
But a $441M whale inflow to Binance could cap the bounce or signal more downside.
๐ Your move?
Would you fade the whale or ride the reversal setup?
๐งต Comment or share your setup ๐
