$SOLV /USDT: Is a price breakout expected or just noise?
#BTCtraders 🔍⚡
Buy and take profits
$SOLV SOLVUSDT
Permanent
0.04433
+2.26%
Current price: 0.04448 USD (+2.10%)
The pair
$SOLV is gradually rising near the main resistance level with higher lows and fluctuations in trading volume - breakout or trap?
🔥 Trading setup - Monitoring the breakout:
• Entry zone: 0.04420 - 0.04480 USD (low-risk quick speculative zone)
• Profit target 1: 0.04650 USD
• Profit target 2: 0.04800 USD
• Profit target 3: 0.05000 USD
• Stop loss: below 0.04340 USD
📍 Key areas:
• Resistance: 0.04550 USD (rejected several times here)
• Support: 0.04380 USD
• Breakout trigger: 0.04560 USD or higher
📈 Market analysis:
The price is moving strongly below the resistance level - a 15-minute candle close above 0.0456 USD with high trading volume could spark a rapid move towards 0.05 USD.
💡 Professional tip:
Strong momentum with a precise stop order - this setup relies on the timing of the breakout!
SOLV seems ready to move - breakout hunters, keep your eyes up!