SOL/USDT – 4H – BUYThe pair Solana/Tether (SOL/USDT) goes from the bullish trendline downwards
A descending movement down to the next support at 203.000000000 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 243.610000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 233.695 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 243.610000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 264.390000000 |
| 2nd High | 246.770000000 |
| Next High | 243.610000000 |
| Current Price | 219.600000000 |
| Next Low | 203.000000000 |
| 2nd Low | 194.860000000 |
| 3rd Low | 155.110000000 |