🔻 $SOLV USDT BEARISH REJECTION TRADE SETUP 🔴
$SOLV faced a sharp rejection from the 0.04693 resistance zone, failing to hold above the key breakout level and now trading below 0.04631, indicating bearish pressure in the short term.
📉 TRADE SETUP:
Entry Zone: 0.04580 - 0.04600 (on confirmed rejection retest)
Targets (TP): 0.04550 / 0.04500 / 0.04375
Stop Loss (SL): Above 0.04693
🧐 MARKET OUTLOOK:
SOLV showed a strong wick up but sellers quickly absorbed the move, bringing price back below resistance. As long as it remains under 0.04631, the bias remains bearish with potential to test deeper supports.
⚠️ RISK MANAGEMENT:
Trade with tight stop loss and controlled lot size. Avoid over-leveraging during low liquidity sessions.
