SOL/USDT – 30M – SELLThe pair Solana/Tether (SOL/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support at 252.370000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 264.390000000 should be noted.
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. Current target is 246.995 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 264.390000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 264.390000000 |
| Current Price | 254.840000000 |
| Next Low | 252.370000000 |
| 2nd Low | 229.600000000 |
| 3rd Low | 229.400000000 |