#BTC110KSoon? $
šĀ SOLV/USDT Chart Analysis (1D Timeframe)
Objective: Quick trade signal (Long or Short) based on current setup
Indicators Active:
EMA(7), EMA(25), EMA(99)
MA(5), MA(10)
RSI(6)
š§ Market Evaluation
ā Ā Trend:
Short-Term:Ā Bullish
ā EMA 7 > EMA 25 > EMA 99
ā Higher lows forming
ā Break above recent consolidation zone
š”Ā Key Levels:
Resistance:Ā 0.04860 (previous local top)
Support:Ā 0.04175 (EMA cluster), strong bounce zone
Volume:Ā Noticeable uptick in volume recently ā Bullish strength returning
šĀ RSI (6):Ā 62.08
Not overbought, but entering strong zone. Healthy bullish signal, no divergence.
ā Ā Signal: Go LONG (Buy)
šÆ Entry:
Current price:Ā ~0.04597 USDT
Decent breakout confirmation; volume backs move.
šĀ Target 1:Ā 0.0486 (local high)
šĀ Target 2:Ā 0.0520 (next extension level if breakout continues)
šĀ Stop-Loss:Ā Close below 0.0417 (EMA99 zone)
š Risk Management:
Risk/Reward:Ā ~1:2.5
Allocate 1-2% of your capital max for this swing (daily frame)