Key Resistance Levels for $SOLV USDT
Since the price had a major spike, the resistance levels are defined by the recent high and previous price structures.
Immediate Resistance (Recent High): $0.01728 - $0.01759: The 24-hour High is $0.01728, and the peak of the spike shown is $0.01759. This area is the immediate ceiling. A decisive close above $0.01759 would signal strong continuation, potentially leading to a move towards the $0.0180 psychological level. Secondary Resistance (Previous Structure): $0.0200: A significant psychological level that would be the next major target if the momentum can sustain. 🛡️ Key Support Levels for SOLV/USDT
Support levels are price floors where the strong buying interest is expected to absorb selling pressure during a retracement.
Immediate Support (Consolidation Zone): $0.0159 - $0.0160: This is the current area of consolidation, just below the active price, where the price is attempting to establish a local floor. Stronger Support (Breakout/Flip Zone): $0.0148 - $0.0152: This area aligns with the candle bodies and the price level where the rally initially broke out from the longer consolidation period (the left side of the major green candle). This is a crucial area that must hold during any significant retracement. Critical Support (Swing Low): $0.0133 - $0.0135: The 24-hour Low is $0.01353, which is just above the $0.01338 swing low. This is the absolute critical support. A breakdown below this level would completely negate the recent bullish structure.
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