$SOLV USDT BEARISH MOVE 🔻 | SHORT TRADE SETUP
📉 $SOLV USDT is showing rejection from the resistance zone near 0.04690, indicating bearish momentum in play.
Key Levels:
Resistance: 0.04690
Support: 0.04550
Current Price: 0.04605
🔴 Trade Setup (Short):
Entry Zone: 0.04605 – 0.04630
Take Profit (TP): 0.04550
Stop Loss (SL): 0.04690
📝 Market Outlook: The price faced a sharp rejection from its upper supply zone, and is currently forming lower highs with pressure towards the support. A break below 0.04580 could accelerate the bearish move.
⚠️ Risk Management:
Always use strict stop-loss and maintain position sizing within 1-2% of your total capital to protect from volatility risks.