$SOLV Solv Protocol down 1.1% in 24H, short-term divergence signals
Solv Protocol (SOLV) is currently trading at $0.0434, marking a 1.1% decline over the past 24 hours. While the drop is not significant, the slight bearish move reflects cautious market sentiment, with inflows yet to strengthen.
Throughout the day, SOLV dipped to around $0.0430 before seeing a modest rebound. Trading volume has remained moderate, suggesting a balance between buying and selling pressure without a clear breakout direction.
From a technical perspective, SOLV is hovering near the $0.0430 support zone, with RSI showing neutral signals while MACD leans slightly bearish. Unless buying momentum picks up, the token may retest this support level before deciding its next move.
Do you think Solv Protocol can defend this support zone or is further downside ahead?
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