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Coindoo

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Solana (SOL) Shows Signs of Rebound as Buy Signal Emerges on 12-Hour Chart

  • The TD Sequential indicator on the 12-hour chart has triggered a buy signal for Solana (SOL), hinting at a potential trend reversal after a recent downtrend.
  • The signal indicates a potential short-term rally for SOL following a period of decline, with the cryptocurrency reaching as low as $150 before showing signs of stabilization.
  • As of June 2, 2025, Solana is trading at $157, down approximately 5.3% over the past year, but has seen a slight uptick of 0.93% in the last 24 hours.
  • If the TD Sequential signal holds, SOL could retest resistance levels around $165 and beyond, contingent on further confirmation and broader market support for sustained momentum.

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