SOL/USDT – 1H – SELLThe combination Solana/Tether (SOL/USDT) goes from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 231.210000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 256.700000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 231.21 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 256.700000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 264.000000000 |
| 2nd High | 263.600000000 |
| Next High | 256.700000000 |
| Current Price | 235.730000000 |
| Next Low | 231.210000000 |
| 2nd Low | 229.600000000 |
| 3rd Low | 212.100000000 |