$SOLV / USDT – Strong Rally Pauses. Is a New Leg Incoming? 🔥📊
Current Price: $0.04348 (+7.76%)
$SOLV recently surged with strong momentum but is now consolidating just below the key $0.045 resistance zone.
📊 Trade Setup:
Entry Zone: $0.0430 – $0.0435
Take Profit 1 (TP1): $0.0455
Take Profit 2 (TP2): $0.0475
Take Profit 3 (TP3): $0.0500
Stop Loss (SL): $0.0410
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🔑 Key Levels:
Support: $0.0420
Resistance: $0.04675 (24H High)
📈 Market Insight:
After a strong breakout candle, $SOLV has entered a consolidation phase. Trading volumes remain high, signaling sustained interest. A breakout above $0.0445 could spark a fresh upward leg.
💡 Pro Tip:
Watch for a bullish engulfing candle on lower timeframes or a volume breakout as confirmation for re-entry. Due to recent volatility, keep your stop loss tight.