SOL/USDT – 1H – BUYThe combination Solana/Tether (SOL/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 242.540000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 230.370000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 248.44 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 242.540000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 248.440000000 |
| 2nd High | 247.500000000 |
| Next High | 242.540000000 |
| Current Price | 241.470000000 |
| Next Low | 230.370000000 |
| 2nd Low | 212.100000000 |
| 3rd Low | 204.480000000 |