$SOLV USDT – SHARP SPIKE, NOW RETESTING! CAN THE TREND HOLD?
RESISTANCE HIT AT $0.0499
PULLBACK TESTING MA(7) SUPPORT
$SOLV pumped to $0.04993 but faced strong rejection, now trading at $0.04767. Despite the red candle, the structure remains bullish as price hovers near the 7 EMA ($0.04784) with both MA(25) and MA(99) rising underneath, providing trend support.
Volume surged during the rally, indicating strong interest. A successful hold above the $0.0465–$0.0470 zone could provide a solid launchpad for the next leg up.
Trade Setup (Long):
Entry: $0.0470–$0.0475
Targets:
• TP1: $0.0500
• TP2: $0.0530
Stop Loss: $0.0452
Outlook: Pullback in progress after breakout. Trend remains bullish above $0.0460.
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