š $SOLV USDT ā Breakout & Retest Confirmed! š„
$SOLV has broken above the descending trendline and successfully retested the key demand zone. A bullish structure is in play with momentum shifting in favor of the buyers.
š Market Structure:
Descending trendline broken cleanly
Retest of breakout zone holding firm
New higher low formation after recovery
š§ Key Technical Insights:
Support zone at 0.04525 ā 0.04540 acting as strong demand
Bullish engulfing candle confirming buyer strength
Targeting a full reversal toward previous highs
šÆ Trade Setup (Long):
Entry Zone: 0.04540 ā 0.04560
Target 1: 0.04620
Target 2: 0.04650
Target 3: 0.04660
Stop Loss: 0.04525
ā Pro Tip:
A strong bullish candle close above 0.04580 with volume could accelerate the move. Trail stops as price moves in your favor#TrumpVsMusk