๐ $SSV Breakout Ahead? Chart Signals Target at $13.20
Over the past week, $SSV has gained 7.77%, recovering from recent volatility in the broader market. For the last few sessions, price action has remained steady, trading within a tight range. Now, technical signals suggest a possible breakout could be on the horizon.
On the 4-hour chart, SSV has been rising gradually since late May. It is currently hovering near the lower boundary of an ascending trend channel, around $10.82. If it holds this support, there's potential for a move toward the channel top near $13.20. A stronger surge could push the price even higher, toward $14.50. However, if it breaks below $10.00, the next support may be around $9.25.
๐ Key Stats:
Current Price: $10.82
24h Range: $9.83 โ $11.41
Volume (24h): 1.49M SSV / $16.03M USDT
Category: Infrastructure Token
๐ Market Outlook:
Although overall trading volume is healthy, momentum is key at this stage. If buyers continue defending the $10.50โ$10.80 area, we may see a new bullish wave toward higher resistance levels.
Some market optimism was also sparked by increased activity around staking and decentralized validator infrastructure projectsโsectors where SSV.Network plays a key role.
SSV has seen significant growth from its local bottom and still trades far below its all-time high. With infrastructure tokens gaining attention, many analysts consider this a favorable accumulation phase before a larger rally.
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