Solana has broken through key resistance levels, showing strong signs indicating that bulls are starting to regain control after weeks of weakness. The overall cryptocurrency market remains turbulent, affected by ongoing macroeconomic uncertainty and escalating U.S.-China trade tensions. Despite these risks, investor sentiment seems to have slightly improved, sparking hopes that Solana and other altcoins may enter a recovery rebound.
However, caution is still necessary. Top analyst Ali Martinez shared a technical signal that has dampened recent optimism—according to his analysis, Solana may be facing a short-term pullback. A sell signal has appeared on the 12-hour chart using the TD Sequential indicator, which has historically marked local tops and price exhaustion phases.
Despite Solana's recent breakout being encouraging, the existence of this bearish signal suggests that the rebound may lose momentum in the short term. Investors will closely monitor whether Solana can hold above the recovery level support or will retreat under selling pressure. The market is currently positioned between early signs of recovery and the ongoing risk of another downturn.
With the appearance of short-term pullback signals, Solana faces key resistance.
Since April 7, Solana has surged over 48%, marking a resurgence in momentum after enduring prolonged strong selling pressure. As the price approaches $150—this key resistance level that has previously hindered further gains—bulls now face a significant test.
Despite a recent rebound, Solana remains one of the most affected assets in the downward trend of 2025, having fallen over 65% since peaking in January. This highlights the importance of the current trend and the significance of maintaining high levels to confirm a true reversal.
Nevertheless, caution remains necessary. Martinez shared data from X, highlighting the TD Sequential sell signal on the 12-hour chart—this is a technical indicator that typically signals short-term trend exhaustion or reversal. The TD Sequential works by identifying a series of price movements that may indicate overbought or oversold conditions. If this signal plays out, Solana may face a brief pullback before continuing its upward trend.
Solana 12H sell signal | Source: Ali Martinez on X
Macroeconomic factors continue to play a role, with the ongoing trade tensions between the U.S. and China still impacting global market sentiment. However, hopes for a potential agreement between the two countries and an increase in global liquidity have brought some optimism to bulls, especially in the altcoin space.
SOL price hovers at a critical area: what’s next?
Solana (SOL) is currently trading at a critical level, testing the key resistance point of $150 after a strong rebound from recent lows. Bulls must reclaim and hold this level to confirm a breakout and the start of a sustained upward trend. If it does break through $150, it could trigger further buying momentum and potentially test higher targets not seen since early March.
SOL testing daily resistance level | Source: SOLUSDT chart on TradingView
However, if SOL fails to break through this level in the short term, consolidating between $130 and $120 for a while may still indicate strength in price. Holding this area suggests that bulls are building a foundation for a sustained upward price movement and absorbing selling pressure without significant pullbacks. In a bullish market structure, such consolidation phases are often regarded as healthy, allowing momentum to rebuild before the next upward move.
On the downside, if the support level of $120 is not maintained, SOL could face larger declines, with the $100 area being the next significant demand zone. Falling below this level would invalidate the current bullish outlook and could reignite a broader downtrend. Currently, all eyes are on SOL's performance around the $150 mark.
