$SOLV /Short-term Trading Signal!
Trading in a narrow range near the recent resistance level at 0.047 with declining buying volume. The trend remains weak below the key moving averages, indicating a selling opportunity should it fail to rise.
Entry (Sell):
0.04620 - 0.04680
Targets:
1. 0.04510
2. 0.04390
3. 0.04220
Stop Loss:
0.04740 (above the recent local high and hourly resistance)
Key Levels:
Resistance: 0.04740 / 0.04900
Support: 0.04500 / 0.04350
Pivot Point: 0.04600
Professional Advice:
Look for a bearish candle on the 15-minute chart or rejection between 0.0468 and 0.0474 before entering. Avoid entering if Bitcoin shows upward momentum, as alternative currencies may rise.
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