⚠️ $SOLV /USDT – Trend Rejection Confirmed! Short Setup in Play! 📉
$SOLV just got rejected hard from the key $0.04950 resistance, failing to sustain its breakout. Red candles are stacking up, and lower highs are forming — classic signs of a short-term bearish reversal brewing. Time to strike!
📉 Short Trade Setup (15m Chart):
• Entry Zone: $0.04730 – $0.04760
• Target 1 (TP1): $0.04500
• Target 2 (TP2): $0.04450
• Stop Loss (SL): Above $0.05020
🔎 Technical View:
Bearish price action confirmed with multiple rejections and fading momentum. Volume is shifting down as sellers begin to take control. Price is respecting resistance zones cleanly.
⚠️ Risk Note:
If $SOLV flips $0.04950 into support, close quickly. Manage size and respect stop levels — volatility ahead.
🔄 Strategy Breakdown:
This is a momentum-based short following a fakeout at resistance. With lower highs and fading volume, the setup favors downside scalps toward previous demand zones.
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