The post Solana Eyes Relief Rally After TD Sequential Buy Signal; $150 Crucial appeared on BitcoinEthereumNews.com.

Crypto analyst Ali Martinez flagged a possible turning point for Solana on Saturday, tweeting that the Tom DeMark (TD) Sequential has “flashed a buy signal on Solana $SOL,” and adding that “holding the $150 support is key for a potential rebound.” The chart Martinez shared, a clean daily candlestick with the TD counts visible, captures the mood on desks and in chart-focused corners of the market: traders are watching whether buyers can step in around that $150 area and force a short-lived reversal. The market so far is giving mixed signals. At the time of writing, SOL is trading around the low-to-mid $150s, roughly $158 on major tickers, down from the highs seen earlier in the month but noticeably above the panic lows that showed up during the recent sell-off. Intraday and recent daily candles have shown choppy action, with volume that suggests the move lower paused when price approached the $150–$155 band. Why $150 matters This price zone has acted as a visible demand area in recent sessions, and several technical reports now point to it as the level that will determine whether Solana’s pullback is a healthy consolidation or the start of something deeper. Short-term technicians who use the TD Sequential, an indicator that times exhaustion and reversal points, are interpreting the recent “buy” count as a signal that downside exhaustion could be near, but they’re quick to stress that confirmation through follow-through buying (higher closes, reclaimed moving averages) is essential before calling it a bottom. Macro and market context matter too. Broader crypto sentiment has been volatile: some outlets noted a pause in the deep selloff earlier this week, while others flagged renewed downside pressure after a string of rate-sensitive headlines and isolated protocol incidents rattled investors. In that atmosphere, even a valid technical buy signal can…

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Filed under: News - @ November 9, 2025 11:04 pm