- Solana holds $210 support as TD Sequential prints a double buy signal on a 4-hour chart.
- Analysts see upside toward $250–$290 if $210 holds; breakdown risks drop to $198.
- Strong liquidity, $8B trading volume, and DeFi strength support Solana’s bullish setup.
Solana (SOL) is holding near an important technical support level while traders monitor the emergence of a double buy signal. According to analysts, the TD Sequential indicator has printed a bullish pattern on the 4-hour chart, suggesting the possibility of a rebound. If buyers manage to defend $210, the path toward $250 becomes clearer.
TD Sequential Double Buy Signal Near Critical $210 Support
According to analysis prepared by Ali Charts, Solana has traded within an ascending parallel channel since early August. The price climbed above $260 before retracing toward the $210 support, which aligns with the 0.618 Fibonacci retracement level. At the time of writing, SOL trades around $216.36.
The TD Sequential indicator recently printed both “9” and “13” counts in oversold conditions. Analysts describe this as a double buy signal, which often points to trend exhaustion and a potential reversal. Because the $210 support coincides with this technical signal, the area is viewed as decisive for Solana’s short-term structure.
If this support holds, upside targets include $228 and $250, while a confirmed breakout above $250 could extend the move toward $263 and possibly $280–$290. A breakdown below $210, however, would weaken the bullish setup and expose levels near $198.
Trading Activity and Market Context
According to an observation by BitGuru, Solana is trading around $216 after a rejection from the $249 high. The pullback has brought price near $212–$215, which analysts view as a key support zone. Holding this area could create the base for another push higher, with $230 as the next resistance to reclaim.
Trading activity remains strong, with daily volume above $8 billion across exchanges, reflecting high liquidity. Solana’s circulating supply is recorded at 543.27 million tokens, with total supply near 610.31 million. Price movements show repeated recoveries from dips near $210, confirming active participation by buyers.
Broader market conditions also provide support, as Bitcoin trades above $113,000 and Ethereum around $4,300. Analysts maintain that as long as $210 holds, Solana could regain strength toward the $250 level and beyond.
