$SOLV Good evening, let's analyze together with Gemini the SOLV token and its current chart.

Solv is the native utility token of the Solv Protocol, a decentralized platform aimed at revolutionizing the management and use of digital assets within the blockchain ecosystem, particularly by integrating Bitcoin into decentralized finance (DeFi). Currently, the price is 0.00006694, down by −2.99% in the last 24 hours. The daily high reached 0.00007042 and the low 0.00006694. The trading volume in the last 24 hours is 639,084.00 SOLV, equivalent to 43.81 BNB.

Analyzing today's chart, we can observe a predominantly downward trend. After reaching a peak around 0.00006782, the price experienced a sharp decline, showing a large red candle that brought the value to the current daily low of 0.00006694. The moving averages (MA) for 7, 25, and 99 periods also indicate selling pressure, with the MA(7) (0.00006698) below the MA(25) (0.00006728) and the MA(99) (0.00006780).

The volume at the bottom shows a significant increase during the sharp decline, confirming the intensity of the selling. The "Book" section shows a higher percentage of supply (70.50%) compared to demand (29.50%), suggesting that there are more sellers than buyers at the moment, which contributes to the downward pressure on the price.

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