The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support at 230.950000000 will continue.
Caution: A possible counter-trend in the direction of the resistance line at 242.540000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 234.63452 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 242.540000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Support & Resistance | Price Range* |
---|---|
3rd High | 248.440000000 |
2nd High | 247.500000000 |
Next High | 242.540000000 |
Current Price | 238.260000000 |
Next Low | 230.950000000 |
2nd Low | 230.370000000 |
3rd Low | 229.400000000 |