SOL/USDT – 30M – SELLThe pair goes from the descending trendline down.
A continuation of the downward movement down to the next support at 163.530000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 170.990000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 162.26 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 170.990000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 171.070000000 |
| Next High | 170.990000000 |
| Current Price | 166.170000000 |
| Next Low | 163.530000000 |
| 2nd Low | 160.990000000 |
| 3rd Low | 157.580000000 |