$SOLV – The downtrend continues, active short setup
$SOLV has been
in a steady downtrend from the highest point at $0.04968, breaking through several support levels and is now trading near $0.04177, above its 24-hour low at $0.04158. Sellers are still in control, and breaking below $0.04158 could open the way for deeper losses.
Short entry area: $0.04170 – $0.04190
Stop loss: above $0.04240
Targets:
TP1: $0.04150 (recent low)
TP2: $0.04100
TP3: $0.04050 if selling pressure accelerates
Unless $SOLV reclaims $0.0425 with strong momentum, the short-term outlook remains bearish.