$SOLV /USDT – Bearish Pullback, Watching for Rebound!
Momentum Analysis:
SOLV is experiencing a pullback, currently at $0.0405 (-5.37%), after hitting a 24h high of $0.0475 and testing support at $0.0387. Volume remains significant at 739.57M SOLV ($31.40M USDT), indicating strong market activity.
Long Setup:
Entry Zone: $0.0389 – $0.0402
Targets:
T1: $0.0420
T2: $0.0445
T3: $0.0475
Stop Loss: $0.0375
Breakout Confirmation & Key Support:
Breakout Level: $0.0422 (Needs strong volume to reclaim)
Key Support: $0.0387
Pro Tip for Traders:
Wait for a confirmed bounce from the $0.0389 - $0.0402 range before entering. A breakout above $0.0422 could signal a strong reversal. Manage risk with a stop below $0.0375 to avoid deeper drawdowns.