$SOLV has just staged an impressive reversal, bouncing back from its intraday low of $0.04288 to trade around $0.04372, marking a +8.73% gain. With bullish momentum building and volume increasing, this could signal the beginning of a strong recovery leg.
Bullish Trade Setup
Entry Zone: $0.04350 – $0.04380
Take Profit 1 (TP1): $0.04580
Take Profit 2 (TP2): $0.04850
Stop-Loss: Below $0.04220
A clean break above the key resistance level of $0.04675 could unlock a sharper upside move, possibly accelerating the breakout.
What to Watch For
Continued volume support
Price action near $0.04675
Market sentiment and Bitcoin correlation
Conclusion: With bullish pressure returning and key technical levels within reach, $SOLV might be setting up for a potential breakout. Traders should monitor this closely for confirmation and manage risk accordingly. $SOLV
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