$SOLV

USDT BEARISH RETEST READY TO UNLEASH ANOTHER DROP 📉

After a sharp breakdown, $SOLVUSDT is currently retesting its broken support as fresh resistance, suggesting bears remain in full control.

🔑 Key Levels:

Resistance Zone: $0.04559 – $0.04579

Current Price: $0.04378

Support Zone: $0.04293 – $0.04294

📊 Trade Setup (Short):

Entry: $0.04400 – $0.04410 (on retest rejection)

Targets:

TP1: $0.04370

TP2: $0.04300

TP3: $0.04293

Stop Loss: $0.04411 (above retest zone)

📉 Market Outlook:

Momentum remains bearish after a strong breakdown. The retest at $0.04400-$0.04410, if rejected, will confirm continuation towards lower supports near $0.04300 and below.

⚠️ Risk Management:

Always use tight stops and risk only 1-2% of your capital per trade. Avoid chasing entries if the price breaks down without retest.

buy and trade here on $SOLV

💬 Do you see further downside coming for SOLV? Comment below!

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