⚡ $SOLV /USDT — Early Signs of Reversal?

Current Price: $0.04737

Trend Shift: Price attempts a breakout above key moving averages — but caution is still warranted.

🔍 Key Moving Averages

MA 20: $0.04386 ✅

MA 50: $0.04282 ✅

Price is testing long-term resistance (MA 200). A confirmed close above could mark a shift to bullish sentiment.

🎯 Target Levels

🎯 Target 1: $0.053

Local range resistance

Coincides with multiple rejection wicks in June

🎯 Target 2: $0.061

Gap candle zone from early March

Acts as psychological barrier

🎯 Target 3: $0.075

Pre-capitulation zone

Only reachable if volume and market conditions remain favorable

✅ Technical Notes

Clean bounce off consolidation base

Sharp vertical move shows demand, but volatility risk remains

Needs to flip $0.048–0.050 into solid support for continuation

⚠️ Not financial advice. In fast-moving setups like this, managing risk and using stops is essential.

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