$SOLV consolidates at $0.0436, waiting for breakout
SOLV (SOLV) is currently trading at $0.0436, after a strong move on August 15 when the price briefly spiked near $0.047 before pulling back.
On the 15-minute chart, SOLV is showing a sideways consolidation pattern between $0.0430 – $0.0440, following its retracement. This could act as a base for the next potential breakout if buying momentum returns.
🔑 Key support: $0.0420 – $0.0415
🔑 Resistance: $0.0445 – $0.0470
Trading volume has cooled down compared to the earlier surge, reflecting a wait-and-see sentiment. RSI hovers around 50, signaling market equilibrium.
Will SOLV break above $0.045 to regain bullish momentum, or continue consolidating before making its next move?
Follow Wendy for more latest updates
