4-hour timeframe
🔍 SOLV/USD 4H Analysis: Bullish Channel? 🚀
SOLV is trading at ~$0.0457 (+5.9% in 24h) within an ascending channel. RSI (~60) shows bullish momentum, Bollinger Bands are narrowing, indicating a possible breakout. Trading volume: ~$56.6M.
🔑 Key Levels:
Resistance: $0.0480 (upper boundary of the channel).
Support: $0.0430 (lower boundary).
📈 Forecast: A breakout above $0.0480 could lead to a 10% increase to $0.0528. A drop below $0.0430 will test $0.0400. Airdrops and TVL ($1.3B) are fueling the hype! 🌐