The currency pair Solana/Tether (SOL/USDT) moves from the descending trendline down.
A continuation of the bearish trend down to the next support at 194.190000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 204.450000000 could be enabled.
Consider stop-loss settings accordingly.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 205.990000000 |
| 2nd High | 204.580000000 |
| Next High | 204.450000000 |
| Current Price | 203.020000000 |
| Next Low | 194.190000000 |
| 2nd Low | 193.780000000 |
| 3rd Low | 186.670000000 |
204.450000000 – 204.580000000 – 205.990000000 – 194.190000000 – 196.030000000 – 201.500000000 — 59.076137042394 – 53.67814531176