$SOLV Trade Setup – Breakout Opportunity in Play

Solventum Corp ($SOLV) is showing signs of a potential breakout from its recent consolidation range. After multiple rejections near the $74.50–$75 resistance zone, the stock is now approaching a critical level with rising volume and bullish momentum indicators.

Trade Idea (Swing Trade):

Entry: $75.10 (confirmed breakout above resistance)

Stop-Loss: $71.80 (below key support and moving average zone)

Take Profit Targets:

TP1: $78.50 (initial breakout reward zone)

TP2: $81.90 (mid-term resistance zone)

TP3: $85.50 (near 52-week high)

Trade Duration: Short to medium term (2–6 weeks depending on volume confirmation and market conditions)

Risk/Reward Outlook:

With this setup, risk is tightly managed below consolidation support, while the potential reward offers a 1:2.5+ ratio depending on the target hit.

Monitoring Tips:

Watch for daily closes above $75 on elevated volume.

Any strong reversal below $72 should trigger risk controls.

Bullish confirmation strengthens if broader market and sector trends remain favorable.

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