The pair Solana/Tether (SOL/USDT) goes from the bearish trendline downwards
A continuation of the downtrend down to the next support line at 125.28 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 130.2 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘%K crosses below %D’ indicator layout is discovered. The indicator is ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 132.17 |
| 2nd High | 130.94 |
| Next High | 130.2 |
| Current Price | 127.800000000 |
| Next Low | 125.28 |
| 2nd Low | 125.26 |
| 3rd Low | 124.68 |
130.2 – 129.29 – 129.76 – 125.28 – 126.73 – 125.26 — 52.429808424182 – 50.931666095806 — 91.161851506679 – 77.729108418764 – 84.872332505823 – 86.125246842983