🔄 $SOLV /USDT (4H) — Sideways Grind Near Breakout Zone
SOLV has been consolidating tightly between $0.042 and $0.047 for several weeks, forming a potential accumulation range. The price is now testing the top of this band, with moving averages converging — a possible precursor to volatility.
🟢 Support Levels
$0.0420 – Mid-range support
$0.0380 – Previous demand zone
$0.0325 – Local low and breakout base in May
🔴 Resistance Zones
$0.0475 – Multi-week range high
$0.0520 – Minor rejection level in March
$0.0590 – Previous high before large correction
⚙️ Outlook
Neutral to slightly bullish as long as price stays above $0.042
Break above $0.0475 with volume could trigger momentum
Failure to hold support may send price back to $0.038 region
Patience here is key — it's coiling for a move.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!