Sell SOL/USDT – 1H – SELL

The pair jumps from the bullish trendline downwards

A descent downwards to the next support line at 163.530000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 170.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 162.26 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 170.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High
2nd High 171.070000000
Next High 170.990000000
Current Price 165.510000000
Next Low 163.530000000
2nd Low 160.990000000
3rd Low 157.580000000

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