🔥 $SOLV Is a reversal nearby? 🔥

📉 Current price: $0.04174 (–7.16%). The day's minimum has already been seen at $0.04158, and RSI(6) has dropped to ~13.3 — this is a deep oversold zone, which traders often consider a signal for a potential technical rebound 📈.

🔍 Chart overview:

MA(7) and MA(25) continue to move downwards — the trend is currently bearish.

Selling volumes were significant, but green candles with increased volume have appeared — the first signs of buyer activity.

Support: $0.04158, then — $0.04120.

Resistance: $0.04206 and $0.04264.

💡 Possible scenarios:

1️⃣ Bullish: if the price consolidates above $0.04206 and RSI starts to rise — we may see movement towards $0.04264–$0.04320.

2️⃣ Bearish: breaking below $0.04158 could pull quotes down to $0.0412.

⚠️ Attention: the market is currently hypersensitive, sharp fluctuations are possible. Work with stop-losses and remember about risk management.

🚀 #BinanceSquare #SOLV #DeFi #CryptoTrading #Oversold