Sell SOL/USDT – 30M – SELL

The pair Solana/Tether (SOL/USDT) jumps from the bearish trendline down.

A continuation of the downward movement downwards to the next support level at 231.210000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 256.700000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Target of the current trend is 231.21 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 256.700000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 263.600000000
2nd High 259.780000000
Next High 256.700000000
Current Price 237.590000000
Next Low 231.210000000
2nd Low 229.600000000
3rd Low 229.400000000

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