The pair Solana/Tether (SOL/USDT) moves from the ascending trendline downwards
A bearish trend down to the next support at 174.800000000 is likely expected.
Caution: A possible change in the direction of the resistance line at 184.670000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 176.69 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 184.670000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 187.710000000 |
| Next High | 184.670000000 |
| Current Price | 179.810000000 |
| Next Low | 174.800000000 |
| 2nd Low | 173.240000000 |
| 3rd Low | 171.210000000 |
184.670000000 – 178.190000000 – 176.000000000 – 174.800000000 – 173.240000000 – 171.210000000