Solana Could Be Poised for Rally After Double TD Buy Signal, $50M Whale Accumulation and Buyer Dominance

• Double TD Sequential buy signal and whale accumulation

• Buyer dominance on CVD and long-skew in derivatives indicate elevated conviction

• Critical support at $200; upside checkpoints at $248 and $296 with $50M+ in recent inflows

Meta description: Solana outlook is bullish after whale accumulation and a double TD Sequential buy signal — watch $200 support and $248/$296 targets. Read trade-ready insights.

What is Solana’s outlook today?

Solana outlook appears bullish as a double TD Sequential buy signal aligns with over $50 million in whale accumulation and sustained buyer dominance on on-chain metrics. These factors support a continuation toward short-term resistance levels while $200 acts as critical support for validating the trend.

How strong is the technical setup?

The daily chart printed a double TD Sequential buy, a pattern traders use to anticipate bullish retracements or trend continuation. Support near $200 has been defended on multiple tests, while upside targets sit at $248 and $296 if momentum persists.

Why does on-chain activity matter for Solana?

On-chain metrics show a 90-day cumulative volume delta (CVD) dominated by taker buy activity, indicating aggressive buying absorbed sell pressure. This alignment—CVD strength with whale inflows and technical signals—signals structural demand, not just short-lived retail interest.

Which price levels should traders watch?

Key levels to monitor:

• Support: $200 — hold confirms bullish structure
• Resistance 1: $248 — first momentum checkpoint
• Resistance 2: $296 — higher target if buyers sustain pressure

Can Solana sustain a rally?

Yes—provided support near $200 holds. The combination of a double TD Sequential signal, whale accumulation and a bullish skew in perpetual futures offers a compelling path for continuation. Risk remains from leveraged positioning: sudden reversals can trigger liquidations.

Solana [SOL] has seen renewed accumulation after a technical buy pattern appeared. Whale flows exceeding fifty million dollars from Coinbase Institutional into a new wallet signal institutional accumulation. Together with cumulative volume delta dominance, these on-chain signs suggest structural demand.

Source: TradingView

What do on-chain and derivatives metrics reveal?

On-chain CVD shows sustained taker buy dominance across major exchanges, suggesting buyers consistently absorbed sell pressure. Perpetual futures positioning on Binance indicated long accounts above 75% and a long-short ratio near 3.01—evidence that leveraged traders are biased bullish.

Source: CryptoQuant

Will trader sentiment trigger volatility?

Strong long bias in derivatives can amplify price moves both up and down. If buyers remain in control and no major negative catalyst appears, the skew will help push price higher. Conversely, a sudden shift or liquidation cascade could create a sharp correction.

Source: CoinGlass

Frequently Asked Questions

How much whale accumulation was observed?

Over $50 million worth of SOL reportedly moved from Coinbase Institutional into a new wallet, indicating significant accumulation by large holders and contributing to the bullish narrative.

How should traders manage risk with this setup?

Maintain stop-losses below structural support (near $200), size positions to limit liquidation risk, and monitor derivatives skew—sudden sentiment shifts can produce sharp retracements.

Key Takeaways

• Confluence matters: Technical buy signals plus whale inflows and CVD buyer dominance strengthen the bullish case.
• Critical levels: $200 support, $248 and $296 as upside checkpoints for momentum confirmation.
• Risk management: Leverage and long-heavy derivatives positioning increase volatility risk—use stop-losses and position sizing.

Conclusion

The Solana outlook is constructive: a double TD Sequential buy, strong whale accumulation and buyer-dominant on-chain metrics align to favor upside while $200 remains the fulcrum for risk. Traders should watch $248 and $296 as momentum checkpoints and manage leverage carefully as market conditions evolve.

Published by COINOTAG • Updated: 2025-09-24