$SOLV /USDT BREAKS DOWN SHARPLY – BEARISH MOMENTUM TAKING CONTROL!
$SOLV is now trading at $0.04394, down -2.77% on the day after failing to hold above the $0.04650–$0.04700 supply zone. The price has formed a clear lower high and lower low pattern, with a strong bearish engulfing candle pushing it toward intraday support.
Market Outlook:
Breakdown from the short-term consolidation range confirms bearish strength.
If $0.04310 (daily low) fails to hold, next downside target could be $0.04180 or lower.
Any bounce will face resistance at $0.04550, where sellers previously stepped in.
Scenarios to Watch:
🔴 Bearish Continuation: Entry below $0.04330, targeting $0.04180
🟢 Bullish Reversal: Only valid if price reclaims $0.04600 with strong momentum
Risk Management Tip:
In a falling market, don't average down blindly. Stick to stop-losses and wait for volume-based confirmations before considering reversals.
Sell smart — don’t chase green candles when the trend is turning red!
Ride the breakdown — profits follow the pattern, not predictions!