Trading Signals for SOLV Protocol $SOLV

Entry Range: $0.0578 - $0.0583

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Action: Short Position

Stop-Loss (SL): $0.0605

Take Profit (TP):

TP1: $0.0565

TP2: $0.0544

TP3: $0.0493

$SOLV is currently trading at $0.05807, reflecting a sharp 7.66% drop in the last 24 hours. With a 24h volume-to-market cap ratio of 98.35%, there is significant trading activity relative to its market cap, indicating heightened volatility. Price has recently hit an all-time low ($0.05763), suggesting potential consolidation around this level. This scenario could favor scalping opportunities for traders betting on short-term price retracements or continued downward momentum.

The price movement suggests a consolidation zone between $0.0575 - $0.0590, with a bearish sentiment given the negative trend and high volume. A short position strategy with precise risk management is recommended.

🥂 Trade Now 👇$SOLV

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