Solana rise 48% in April: Can SOL break the resistance level of $150?

Solana has returned to the spotlight after a strong bullish surge of 48% since the beginning of April, as buyers regain momentum. However, an important short term indicator is currently warning of potential exhaustion. A new sell signal from TD Sequential has appeared, indicating a possible pullback. Investors are closely watching the resistance zone at $150 as Solana is currently trading at around $139.43. The short-term trajectory of Solana may be affected by its breakout or pullback. Is this the beginning of a reversal or a pause amidst greater macroeconomic uncertainties? Solana bullish 48%: But warning flags appear After several weeks of pessimism, the price of SOL has made an impressive recovery, increasing by more than 48% since April 7. This move has pushed SOL towards the psychological resistance level of 150 dollars, which has historically been a significant barrier. However, this recovery could face turmoil, as top analyst Ali Martinez has signaled a potential pullback using the TD Sequential indicator on the 12-hour chart. This tool, known for its ability to detect exhaustion zones, suggests that the bullish run of SOL may be running out of steam.

Solana's price is currently fluctuating around $139.43 with buyers trying to consolidate above the recent gains. However, the cryptocurrency market remains in a state of tension. Despite the breakout, the bullish phase is still occurring within a broader downtrend, as SOL has lost over 65% from its peak in 2025. Currently, bullish momentum depends on reclaiming and holding above $150. If successful, it could trigger new buying pressure and confirm a sustainable bullish trend. The road ahead for Solana: Key levels and market sentiment The next move of the market may depend on the ability to surpass the $150 level of Solana. A decisive close above this resistance level could rekindle bullish sentiment, with potential targets near $165 and even $180. But if SOL fluctuates, SOL's price may consolidate between $130 and $120, which is often a healthy setup for a continued bullish trend. This consolidation indicates that buyers are absorbing selling pressure without causing a sharp decline.

Conversely, failing to maintain the $120 level could result in SOL suffering deeper losses, with $100 acting as the next demand zone. A break below $100 would weaken the bullish premise and risk a broader downturn. Meanwhile, the cryptocurrency market remains sensitive to macro variables, particularly concerns regarding trade between the United States and China. However, the increasing enthusiasm and liquidity in cryptocurrency could create a positive environment for SOL's price recovery. Analysts also point out that whale activity is increasing on Solana, which may indicate silent accumulation. Historically, such bullish movements in Solana whale transactions have preceded bullish reversals, giving traders another reason to maintain cautious optimism. Looking ahead: Can Solana maintain its achievements? Despite warning signs, the current bullish trend has ignited new optimism in the Solana ecosystem. Key metrics like Solana whale transactions, short term trend indicators, and macro factors will guide the next steps of this movement. If the buyers can reclaim the $150 level and build a base above that, Solana's price could see sustained upward momentum. Otherwise, a short-term cooling off or even a deeper correction could occur. Next: Bulls face a crucial challenge at the $150 level. The battle at the $150 level is not only technical; it is also psychological. If the buyers can overcome this resistance level, the price of Solana could gain new momentum. However, with the flashing bearish TD Sequential signal, traders should be cautious. In this fragile balance between optimism and risk, SOL's next move could determine its trajectory towards Q2 2025.