$SOLV 🚀 BREAKOUT CONTINUATION 🔥

Chart Overview

The chart highlights a key inverse head & shoulders reversal pattern with a neckline around $0.046–$0.047—a classic bullish signal. Price is currently testing this zone, suggesting a potential breakout if momentum continues.

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Fibonacci Retracement Levels

Using the recent swing low of $0.04137 and swing high of $0.04553:

Level Price (USDT)

38.2% Retracement ~$0.0420

50.0% Retracement ~$0.0435

61.8% Retracement ~$0.0450

Recent analysis shows SOLV finding temporary support near the 61.8% level (~$0.0443–$0.0450), and a close above the neckline (~$0.047) with volume could confirm bullish continuation potential.

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Trading Strategy

1. Breakout Long (Momentum Entry)

Trigger: Daily close above $0.047 with strong volume

Stop-Loss: Below $0.044

Targets:

T1: $0.052

T2: $0.060

2. Pullback Long (Support Entry)

Entry Zone: $0.044 – $0.045 (61.8% Fib + prior support)

Stop-Loss: Below $0.042

Targets:

T1: $0.047

T2: $0.052

Confirmation & Risk Management

Validate entries with volume surges and momentum confirmations like RSI or MACD.

Keep per-trade risk to 1–2% of your capital.

Combine Fibonacci levels with chart patterns (e.g., inverse head & shoulders) for stronger setup conviction.

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