SOL/USDT – 30M – BUYThe combination Solana/Tether (SOL/USDT) jumps from the bearish trendline up.
A bullish movement up to the next resistance line at 256.700000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 231.210000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 238.94844 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 256.700000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 263.600000000 |
| 2nd High | 259.780000000 |
| Next High | 256.700000000 |
| Current Price | 235.940000000 |
| Next Low | 231.210000000 |
| 2nd Low | 229.600000000 |
| 3rd Low | 229.400000000 |