The currency pair Solana/Tether (SOL/USDT) jumps from the bearish trendline up.
A bullish movement up to the next resistance at 222.800000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 209.030000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 214.08 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 222.800000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 224.000000000 |
Next High | 222.800000000 |
Current Price | 211.320000000 |
Next Low | 209.030000000 |
2nd Low | 204.160000000 |
3rd Low | 199.730000000 |