$SOLV QUICK REBOUND – CAN BUYERS MAINTAIN MOMENTUM?
$SOLV /USDT is trading at $0.04385, up +2.89% on the day, after bouncing from a low of $0.04100. The 1H chart shows a volatile structure with both sharp dips and recovery candles, indicating a tug-of-war between bulls and bears.
Price Action Recap:
24h High: $0.04585
24h Low: $0.04176
Current structure: Mixed, with a recent bullish impulse followed by rejection at $0.04474
Market Signals:
Volume remains healthy at 237.42M, suggesting continued interest
RSI and MACD are not clearly bullish yet—momentum needs confirmation above $0.04474
Key Levels:
Support Zone: $0.04100 – $0.04200
Immediate Resistance: $0.04474
Breakout Target: $0.04713
Watch for: A strong candle close above $0.04474 could trigger a move toward the $0.047 zone. But failure to hold $0.043 may send it back into the $0.041 range.
Stay cautious—momentum is building, but it’s not fully confirmed yet.