SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) jumps from the ascending trendline downwards
A bearish trend down to the next support level at 228.300000000 is expected.
Caution: A possible trend reversal in the direction of the resistance zone at 233.530000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is expected. Current target is 226.32492 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 233.530000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 243.610000000 |
| 2nd High | 237.750000000 |
| Next High | 233.530000000 |
| Current Price | 231.410000000 |
| Next Low | 228.300000000 |
| 2nd Low | 225.670000000 |
| 3rd Low | 203.210000000 |