$SOLV /USDT BEARISH PRESSURE NEAR RANGE LOWS šØš
š Current Price: $0.04778
š 24h High: $0.04926 | 24h Low: $0.04760
š Key Technical Levels:
Resistance Zones:
šŗ $0.04860 ā $0.04920 (Strong intraday supply)
šŗ $0.05000 (Psychological resistance)
Support Zones:
š» $0.04760 (Immediate support ā daily low)
š» $0.04600 (Key breakdown level)
š» $0.04400 (Target demand zone)
š Price Action Insight:
$SOLV/USDT is showing signs of weakness as it fails to reclaim above $0.04860. Current price action at $0.04778 is leaning bearish, with a potential break below $0.04760 leading to further downside.
šØ Trade Setup ā SHORT ENTRY šØ
Entry: $0.04780 ā $0.04820 (on slight bounce)
Take Profit 1 (TP1): $0.04700
Take Profit 2 (TP2): $0.04600
Take Profit 3 (TP3): $0.04400
Stop Loss (SL): $0.04930 (Above resistance zone)
šÆ Risk-Reward Ratio: ~2.5R
š”ļø Risk Management:
ā ļø Risk 1-2% only per trade.
š Secure profits at TP1, adjust SL accordingly.
ā Avoid overtrading in low-volume sessions.
šÆ Trade the trend, protect your edge. šÆ
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