The pair Solana/Tether (SOL/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support level at will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 143.960000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 149.280000000 |
| 2nd High | 148.000000000 |
| Next High | 143.960000000 |
| Current Price | 140.630000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
143.960000000 – 148.000000000 – 147.950000000 – 137.140000000 – 142.250000000 – 142.820000000
Trading Signals: FOREX – SOL – SOL/USDT – USDT – – Double top chart pattern