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 |