$SOLV 4Hr Chart Analysis
#SOLV is starting to heat up after a long period of sideways consolidation inside a broadening wedge pattern.
๐บ The price just made a breakout move after forming two strong tops โ a classic volatility buildup signal!
Top 1: Local high at ~$0.04800
Top 2: Rejection re-tested and broken at ~$0.04700
Strong bullish candle breaking wedge resistance โ this could be the early phase of a larger move
๐ Key Price Zones
Breakout zone: $0.046โ0.048
Resistance ahead: $0.051, then $0.056
Support base: $0.039 - $0.040 must hold for continuation
๐ก If bulls defend this breakout, we could see a rally toward recent highs.
๐ Watch for pullback retests โ any dip toward the wedge line may offer solid entries for a quick move up!