$SOLV / USDT – Shorts DESTROYED! Liquidation at $0.03877!
Over $4.91K in short positions just got liquidated at $0.03877 — bears thought they were in control, but the market flipped the script. Price shot up, leaving shorts in the dust.
Now $SOLV is sitting at a critical level. Is this a genuine bullish breakout, or just a trap ready to drop back down?
📊 Trade Setup (Bounce/Breakout Play):
• Entry Zone (Bounce/Retest Play): $0.03850 – $0.03900
🎯 TP 1: $0.04050
🎯 TP 2: $0.04200
🎯 TP 3: $0.04350
🛑 SL: Below $0.03700
⚠️ Bearish Scenario:
If $0.03700 breaks with volume, expect a swift downturn toward $0.035 or even $0.032 — bears will take control.
This is a crucial zone — breakout could trigger serious upside, but a breakdown would lead to a painful correction.
Pro Tips:
• Don’t chase — wait for a solid retest of the support zone.
• Scale in your position to manage risk during volatile price action.
• Consider partial profits at each target to lock in gains.
• Keep a close watch on BTC’s movements — $SOLV can easily follow BTC’s direction.
