$SSV 🚀 BULLISH MOMENTUM 🚀
📊 SSV (SSV Network) Market Snapshot
Price: $7.72 USDT
24h Volume: $4.46 million
Trend: Consolidation with mild bullish reversal signals
Support Levels: $7.40 / $7.00
Resistance Levels: $8.10 / $8.50 / $9.20
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📈 Technical Analysis
🔹 Chart Pattern
Current Structure: SSV is forming a rounded bottom pattern on the 4H chart, signaling accumulation and potential trend reversal.
Breakout Level: $8.10 (key neckline resistance)
🔹 Indicators
RSI (4H): 54 — neutral-bullish; room to move upward
MACD (1H): Just turned bullish — early momentum build-up
Volume: Gradual increase over the past 12 hours, supporting short-term upward price action
🔹 Moving Averages
20 EMA (4H): Providing support at $7.55
50 EMA (1D): Near $8.05 — acts as near-term resistance
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🎯 Short-Term Trading Strategy
✅ Strategy A: Breakout Buy
Entry: Break above $8.10 with volume confirmation
Target 1: $8.50
Target 2: $9.20
Stop-Loss: $7.60
Risk/Reward Ratio: ~1:2+
🔁 Strategy B: Buy the Dip
Entry Zone: $7.40–$7.50 support zone
Target: $8.00–$8.10
Stop-Loss: $7.20
Rationale: Price has bounced off this zone multiple times; EMA support cluster.
📜 Disclaimer
This analysis is for educational purposes only and is not financial advice. Always do your own research (DYOR) before investing or trading. Cryptocurrency markets are volatile and carry risk. Use stop-loss orders and manage your capital wisely.