The combination Solana/Tether (SOL/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend down to the next support line at 215.000000000 is considered certain.
Caution: A possible change in the direction of the resistance level at 244.820000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 230.885 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 244.820000000 could be enabled.
Consider stop-loss settings accordingly.
Support & Resistance | Price Range* |
---|---|
3rd High | 246.770000000 |
2nd High | 245.300000000 |
Next High | 244.820000000 |
Current Price | 235.940000000 |
Next Low | 215.000000000 |
2nd Low | 212.100000000 |
3rd Low | 206.710000000 |