Solana flashes a monthly TD Sequential buy signal as SOL trades near $74.46, with $83.74 resistance and $72 support in focus.
Solana has printed a rare monthly buy signal while SOL trades near short-term support. The setup has raised questions about whether a wider trend change is starting.
Ali Charts said the TD Sequential flashed a buy signal on Solana’s monthly chart. He said the signal may point to a macro shift or a possible bear-market end.
However, the daily chart still shows pressure, with SOL trading near $74.46 on Coinbase. Price remains below several recovery levels that buyers need to reclaim.
The market now shows mixed signals across time frames. The monthly chart suggests improvement, while the daily chart still needs confirmation.
Monthly Signal Points to Possible Trend Shift
Ali Charts said Solana’s monthly TD Sequential has flashed a buy signal. The TD Sequential is a tool used to track possible trend exhaustion. Traders often watch it after long periods of selling pressure.
SOLANA: BUY SIGNAL
The TD Sequential has just flashed a buy signal on the $SOL monthly chart, anticipating a macro trend shift or even the end of the bear market. https://t.co/FemtlavPcT pic.twitter.com/AA8MRE5jSz
— Ali Charts (@alicharts) July 17, 2026
The signal appeared on a higher time frame, which can carry more market weight. Monthly signals often develop slowly and may take time to confirm.
Therefore, buyers still need follow-through before the setup gains strength. Ali Charts said the signal may suggest a macro trend shift.
He also said it could point to the end of Solana’s bear market. Still, price action must confirm the signal through stronger support and resistance breaks.
Daily Chart Still Shows Weakness
The daily SOL/USD chart on Coinbase shows Solana trading near $74.46. The chart showed a daily loss of about 1.06%.
This means the short-term market remains under pressure despite the monthly signal.
SOL is still trading below the lower end of its main Fibonacci range. The first important recovery level sits near $83.74.
This level now acts as a key resistance area for buyers. Solana also remains below the $80 to $85 resistance zone.
A daily close above this area would show better buyer strength. Until then, the daily structure remains cautious and below its main recovery range.
Read Also:
Solana Could Surge to $127 If It Clears This Critical Resistance: Analysis
Support and Momentum Decide Next Move
Solana is holding near the $74 to $72 short-term support area. If buyers defend this zone, the price may attempt another move toward $80.
A break below $72 could bring $70, $65, and $60 into focus. The next upside levels are $83.74, $100, and $111.79.
Higher Fibonacci resistance sits near $133.82, $149.29, $164.76, $183.91, and $214.85. These levels remain distant unless SOL first recovers above lower resistance zones.
Momentum indicators still show limited strength on the daily chart. The MACD line is near 0.43, below the signal line near 0.97. The RSI is near 45.57, which remains below the neutral 50 level.
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