$SOLV /USDT – Bearish Pullback in Progress!

Momentum Analysis: SOLV/USDT is experiencing a bearish trend with a 7.02% drop in price over the last 24 hours. The coin is consolidating near the low of 0.0371, with a possible short-term further decline if support at 0.0371 breaks. This is a potential opportunity for traders looking to catch a pullback.

Short Setup:

Entry Zone: 0.0384 (current price), or a potential retest at 0.0395

Targets:

T1: 0.0371

T2: 0.0369

T3: 0.0355 (if downtrend continues)

Stop Loss: 0.0405 (just above the 0.0400 resistance level)

Breakout Confirmation Level & Key Support:

Breakout confirmation above 0.0395 could suggest a reversal.

Key support lies at 0.0371, with further downside pressure possible below this level.

Pro Tip for Traders: If you're considering a short position, watch the depth levels. A break below 0.0371 could signal continuation. Ensure a tight stop to protect against potential false breakouts.

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