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TronWeekly

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Image Credit: TronWeekly

Solana’s Short-Term Outlook: TD Sequential Shows Promise Despite Bearish Signals

  • The TD Sequential indicator predicted Solana’s intraday top before the Bybit hack and is now signaling a short-term buying opportunity.
  • Franklin Templeton’s filing for a Solana spot ETF could attract institutional investment and boost market legitimacy.
  • Technical analysis shows weak price action, with concerns that SOL may not move upwards until surpassing $209.
  • Solana’s price stands at $174.44, with a 24-hour trading volume of $13.38 billion and a market capitalization of $84.87 billion.

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