$SOLV /USDT BEARISH REJECTION AT SUPPLY ZONE – SELLERS IN CONTROL
Price has clearly rejected the key supply zone around $0.04350–$0.04375, forming multiple wicks and long rejections from the top. The structure remains bearish with confirmation from high-volume selling candles. The current price is $0.04194 and continues to show downside pressure with minimal bullish absorption.
Trade Setup (Short):
Entry: $0.04270 – $0.04320
Take Profit: $0.04120 / $0.04050
Stop Loss: $0.04380
Market Outlook:
The repeated rejection from the highlighted zone makes it a valid bearish setup. Any retest toward that resistance can be used as a fresh entry point. Until bulls reclaim the $0.04375 mark, this remains a sell-on-rise market.
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