The pair Solana/Tether (SOL/USDT) jumps from the descending trendline down.
A continuation of the bearish trend down to the next support level at 112.14 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 118.14 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 130.2 |
| 2nd High | 128.13 |
| Next High | 118.14 |
| Current Price | 118.100000000 |
| Next Low | 112.14 |
| 2nd Low | 108.21 |
| 3rd Low | 102.31 |
118.14 – 128.13 – 127.84 – 112.14 – 115.39 – 122.5 —
116.940000000 – 117.560000000 —
52.171655511988 – 51.69448135465 —
– —
118.14000 – 1769731200
Trading Signals: CRYPTO – SOL – SOL/USDT – USDT – – Double top retreat up – –