$SOLV
USDT BEARISH PRESSURE BUILDING – BREAKDOWN AHEAD?
$SOLVUSDT is showing weakness below key resistance levels as selling pressure continues to dominate. Currently trading at 0.04213 USDT, the price failed to sustain above the minor resistance zone of 0.04240 - 0.04260, indicating possible further downside.
🔑 Key Levels:
Resistance: 0.04240 – 0.04260, 0.04300, 0.04340
Support: 0.04200, 0.04180, 0.04167
📊 Trade Setup (Short):
Entry Zone: 0.04220 – 0.04240
Take Profits:
➤ TP1: 0.04200
➤ TP2: 0.04180
➤ TP3: 0.04167
Stop Loss: 0.04281
💡 Market Outlook:
Momentum remains bearish below 0.04260 with sellers actively defending resistance. A breakdown below 0.04200 could trigger acceleration towards deeper support levels at 0.04167. Caution for any unexpected wicks near support zones during high volatility hours.
⚠️ Risk Management:
Always use position sizing with <2% account risk per trade to manage downside exposure effectively.
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