Sell SOL/USDT – 1H – SELL

The combination jumps from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 150.300000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 158.410000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 147.625 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support zone at 158.410000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 161.780000000
2nd High 159.730000000
Next High 158.410000000
Current Price 152.680000000
Next Low 150.300000000
2nd Low 144.450000000
3rd Low 135.520000000

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