#BTC110KSoon? $

šŸ”ŽĀ 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)

🧠 Market Evaluation

āœ…Ā Trend:

Short-Term:Ā Bullish

āœ… EMA 7 > EMA 25 > EMA 99

āœ… Higher lows forming

āœ… Break above recent consolidation zone

šŸ’”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 → Bullish strength returning

šŸ“ˆĀ RSI (6):Ā 62.08

Not overbought, but entering strong zone. Healthy bullish signal, no divergence.

āœ…Ā Signal: Go LONG (Buy)

šŸŽÆ Entry:

Current price:Ā ~0.04597 USDT

Decent breakout confirmation; volume backs move.

šŸ“ŒĀ Target 1:Ā 0.0486 (local high)

šŸ“ŒĀ Target 2:Ā 0.0520 (next extension level if breakout continues)

šŸ›‘Ā Stop-Loss:Ā Close below 0.0417 (EMA99 zone)

šŸ” Risk Management:

Risk/Reward:Ā ~1:2.5

Allocate 1-2% of your capital max for this swing (daily frame)

Watch BTC and ETH behavior closely for confluence