a short technical analysis and trade signal for $SOLV
/USDT with a bearish outlook:
Technical Analysis (Short-Term)
Trend: Bearish reversal forming after recent pump (+5.78%)
Resistance Zone: $0.0463 ā $0.0485 (heavy selling observed)
Support Zone: $0.0395 ā $0.0404
Volume: High (325.75M SOLV) but with declining momentum
Structure: Lower highs forming; price struggling below mid-range
Trade Signal
Action: SELL on bounce
Entry Zone: $0.0455 ā $0.0475
Stop-Loss: $0.0488
Targets (Short-Term Bearish Trade)
šÆ Target 1: $0.0420
šÆ Target 2: $0.0400
šÆ Target 3: $0.0378 (strong support test zone)
Trade Momentum
Current Momentum: Weakening; signs of distribution near recent highs
Risk Level: Low to moderate (favorable R:R for short position)
Ideal Strategy: Enter near resistance, scale out at each target, tighten SL below Target 2
#TrumpTariffs #BinanceAlphaPoints #BinanceAlphaAlert #LaunchpadWars