$SOLV / USDT: Bullish Momentum Testing Resistance
Current Price: $0.03880 (+5.64%)
24H High: $0.03990
24H Low: $0.03603
Volume: 242M SOLV
Market Insight:
$SOLV has surged over 33% in the past 30 days and is currently testing the resistance zone near $0.040. A strong rally has been in play since late April, with buyers pushing price higher in consistent bullish candles on the 4H chart.
Technical Breakdown:
Trend: Strong upward momentum
Support Zone: Around $0.03600
Resistance Zone: $0.03990 โ $0.04000
The latest candle shows some profit-taking, indicated by a long upper wick.
Strategy Note:
Bullish Bias: Breakout above $0.04000 could open the door for continuation.
Caution: A rejection at current levels might lead to a retest of $0.036 support.
Performance Snapshot:
7 Days: +32.20%
30 Days: +33.01%
90 Days: -28.75%
