Fibonacci Retracement: The SOLUSDT chart applies Fibonacci retracement from the high at 259.90 USDT to the low at 3.44 USDT. Currently, the price is near the 78.60% retracement level at 125.27 USDT, which acts as a strong resistance. If the price breaks above this level, the next target is the all-time high near 259 USDT. Stochastic RSI: The Stochastic RSI...
### USDT Dominance (USDT.D) Short-Term Trading Analysis and Bull Market Correlation #### **1. Chart Pattern and Candlestick** On the **USDT.D** chart, we can observe a **rising wedge** or **ascending channel** pattern, which indicates a potential downside breakout. This pattern often leads to a bearish move, implying that if USDT dominance decreases, more...