SOL/USDT – 30M – BUYThe pair Solana/Tether (SOL/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 244.820000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 215.000000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 239.97122 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 244.820000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 246.770000000 |
| 2nd High | 245.300000000 |
| Next High | 244.820000000 |
| Current Price | 237.470000000 |
| Next Low | 215.000000000 |
| 2nd Low | 212.100000000 |
| 3rd Low | 206.710000000 |