SOL/USDT – 1H – BUYThe currency pair Solana/Tether (SOL/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance at 264.390000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 251.470000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 264.39 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 264.390000000 is also possible.
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 | 262.110000000 |
| Next Low | 251.470000000 |
| 2nd Low | 229.600000000 |
| 3rd Low | 212.100000000 |