📊 Analysis and forecast for $SOLV : what's next? 🚀
As of June 1, 2025, 10:53 EEST, the exchange rate on Binance is $0.04571, with a 6% increase over the last 24 hours. The trading volume for the day has risen to $12M, and the market capitalization has reached $45.7M (with a circulating supply of 1B SOLV). The growth is driven by interest in the Binance Megadrop and the positive market sentiment.
Technically $SOLV shows recovery after a recent decline. On the 4-hour chart, the price has settled above $0.0425, and the RSI (14) at 58 indicates moderate bullish momentum. The MACD shows a weak upward trend. The key resistance level is $0.048, and support is at $0.042. A breakout at $0.048 may open the way to $0.052.
Forecast: in the coming days, SOLV may reach $0.048–$0.050 if trading volume remains stable. By the end of June 2025, a move towards $0.055 is likely if the bullish sentiment continues. By the end of the year, with positive market dynamics, the price could reach $0.070, and in 2026 — up to $0.090, especially if the project continues to attract attention. However, the daily chart remains bearish, which requires caution.
Further prospects? The current rate is $0.04571 and a 6% increase over 24 hours gives hope for recovery, but the RSI is close to 60, which may signal a short-term correction. On X, traders are optimistic but advise monitoring $0.042. Set a stop-loss at $0.041 and take profits at $0.050. Volatility is high, be cautious! #SOLV #Binance #CryptoAnalysis