4H: Bullish Reclaim
SOLV is showing a clear bullish reclaim on the 1H timeframe after establishing a local bottom near 0.003615 on 04/22. Price action initially moved sideways with mixed candles, indicating indecision, but momentum began shifting on 04/23 as buyers stepped in aggressively. The structure transitioned into higher lows and higher highs, with price reclaiming key moving averages and pushing toward the 0.003932 resistance.
Coin Overview
Current Price: 0.003901
24h High: 0.003932
Status: Reclaim in progress
Technical Analysis
Key Observations:
Strong bounce from 0.003615 support
Shift from consolidation to bullish structure
MA7 and MA14 reclaimed with upward slope
Volume expansion on recent bullish candles Key Levels:
→ Resistance: 0.003932 (recent high)
Support: 0.003750 (structure support)
Intraday Hold: 0.003800 (MA support zone)
Targets
Short Term: 0.004000, 0.004150
Mid Term: 0.004300
Trading Plan
➤ Entry: Break above 0.003950 or pullback to 0.003780
➤ Stop Loss: Below 0.003650
Final Verdict
➤ SOLV is building bullish momentum after reclaim
➤ Continuation depends on strength above support levels $SOLV
