Sell SOL/USDT – 30M – SELL

The pair moves from the ascending trendline downwards

A descent downwards to the next support line at 155.210000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 161.430000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 154 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 161.430000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 162.300000000
2nd High 162.000000000
Next High 161.430000000
Current Price 157.640000000
Next Low 155.210000000
2nd Low 153.850000000
3rd Low 146.570000000

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