🔹 Trading pair: SOL/USDT
🔹 Timeframe: 15 minutes
🔹 Exchange: Binance
🔹 Current price: ~140.23 USDT
🔹 Key movements:
Use of Fibonacci levels, with the main levels highlighted in yellow (0%, 38.2%, 50%, 61.8%, 78.6%, 100%, 127.2%, 150%). Long and Short signals, with indications for opening and closing positions. Yellow moving average, likely an EMA (exponential moving average), used as a reference for trend and support/resistance.
📊 Technical analysis:
The price touched the Fibonacci level 0% (~147.18 USDT) and started a downward correction. The main support is around the 50% Fibonacci (~136.83 USDT). Possible bounce or continuation of the downward trend if the price breaks the 61.8% support (~134.38 USDT). Key resistance around 152.78 USDT (level -27%) and 159.99 USDT (-61.8%).
📢 Trading strategy:
Long: If the price holds the support between the 50% and 61.8% Fibonacci levels, with confirmation of a bounce. Short: If the price breaks the 50% and moves towards lower levels, with a target around 127.2% (~120.83 USDT).
🎯 Conclusion: The chart shows active management of trading operations, with clear entry and exit signals. Fibonacci levels and the moving average are used to identify key supports and resistances.
