Solana Scores Toss Bank Deal but $74 Resistance Caps the Rally

Solana recovered sharply last week, but the rally has now run straight into a wall of resistance. A key technical sell signal has flashed right at the ceiling, and the path forward is not as clean as bulls would like.

What Is Happening With Solana Price Right Now?

After printing a validated TD Sequential buy signal on Friday, $SOL surged 8.40%, climbing from $68.46 to a high of $74.27.

That bounce was fast and clean. But the momentum has stalled.

On the 4-hour chart, a TD Sequential sell signal has now appeared just as SOL presses against the setup resistance trendline at $74.65. That is not a coincidence that traders will ignore.

Why is the $74.65 to $75 Zone So Important for Solana?

The resistance trendline at $74.65 is already a problem on its own. But there is more stacked on top of it.

The 4-hour 200 Simple Moving Average sits at $75.00, just a hair above the trendline. Two major resistance signals sitting within $0.35 of each other create what traders call a resistance cluster.

Breaking through a cluster like that on the first attempt is rare. It usually takes multiple tries or a strong catalyst.

What Does a TD Sequential Sell Signal Mean for SOL Price?

The TD Sequential is a price timing indicator used by technical traders. A sell signal does not mean the price must drop immediately, but it does mean momentum is running thin.

When a sell signal fires inside a heavy resistance zone like $74.65 to $75, the short-term setup shifts in favor of sellers.

The immediate structure points toward a minor reset before any further upside attempt.

Where Could Solana Price Pull Back To After This Rejection?

If SOL fails to clear $74.65 to $75, two downside targets come into focus.

The first is around $71, which represents a reversion to the mean after the recent bounce. That is a natural resting point for the price after an 8.40% move.

The second, deeper target is $68.46, which was Friday's low and the level where the TD Sequential buy signal originally triggered. A return to that level would still leave the broader weekly bounce intact.

Is Solana Heading for Its 9th Consecutive Red Monthly Close?

Solana's monthly chart tells a harder story. SOL is now tracking toward its ninth straight red monthly candle.

Nine consecutive losing months are a brutal run for any large-cap crypto asset. It reflects sustained selling pressure and a lack of conviction from larger market participants.

Until $SOL prints a green monthly close, the macro picture stays under pressure regardless of short-term bounces.

Why Did Toss Bank Sign a Deal With the Solana Foundation?

Not all the news around $SOL is bearish. On Friday, Toss Bank, the first South Korean internet-only bank to do so, signed a memorandum of understanding with the Solana Foundation.

The signing took place at Toss Bank's headquarters in Seoul, attended by Park Jin-hyun and Lily Liu.

The two sides plan to build and test cross-border payment infrastructure on the Solana network. Their initial phase focuses on testing stablecoin transfers for technical feasibility.

Later phases will expand to include overseas partners and address compliance requirements like anti-money laundering and know-your-customer procedures.

Toss Bank already runs an international remittance service launched in January, covering seven major currencies across 30 countries.

Adding blockchain infrastructure is aimed at making those transfers faster and more cost-efficient.

What Does the Toss Bank Partnership Mean for Solana Long Term?

This deal carries more weight than a typical crypto partnership because Toss Bank is a regulated financial institution.

Park Jin-hyun called it the first step toward integrating blockchain-based digital infrastructure into existing financial services.

Lily Liu said the collaboration could help set new standards for international remittances by combining the trust of traditional finance with the speed of blockchain.

If the proof-of-concept stages go well, the project could bring consistent transaction volume to the Solana network. More activity on the network means more demand for SOL as the native gas token.

That said, an MOU is a starting point, not a finished product. Real impact will take quarters, not weeks.

Solana Price Prediction: Key Levels to Watch This Week

As per the CoinStas chart, a confirmed break and close above $75 would shift the short-term bias back to the bulls and open room toward $80.

A rejection here sends SOL toward $71 first, with $68.46 as the extended target.

The Toss Bank news adds a positive long-term backdrop, but short-term price action is still ruled by the charts.

Disclaimer: This article is for informational purposes only and does not constitute financial, investment, or trading advice. Cryptocurrency prices are highly volatile, and past performance is not indicative of future results. Always do your own research and consult a licensed financial advisor before making any investment decisions.