SOL/USDT – 30M – BUYThe pair moves from the ascending trendline down.
A descent down to the next support at 126.960000000 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 138.000000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 134.72668 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of resistance at 138.000000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 140.730000000 |
| 2nd High | 139.230000000 |
| Next High | 138.000000000 |
| Current Price | 132.000000000 |
| Next Low | 126.960000000 |
| 2nd Low | 124.130000000 |
| 3rd Low | 122.600000000 |