This analysis focuses on the recent sharp pullback in SOLV/USDT and the potential for a rebound.
Summary:
Price: $0.03885 (-11.50%)
24h Range: High $0.04597 | Low $0.03874
Volume: SOLV: 228.66M | USDT: 9.63M
📉 Technical Analysis:
SOLV has tested key support at $0.03874. If buyers step in, we could see a recovery toward resistance levels.
📈 Long Trade Setup:
Entry Zone: $0.0385 – $0.0392
Targets:
T1: $0.0415
T2: $0.0447
T3: $0.0463
Stop Loss: Below $0.0375
🚀 Breakout Confirmation & Key Support:
Bullish Breakout: Above $0.0415 (could signal further upside)
Key Support: $0.0387 (must hold to avoid further downside)
💡 Pro Trading Tip:
Watch for Volume Spikes: If SOLV holds above $0.0387, it could indicate accumulation before a rebound.
These insights are based on current market trends—always manage risk effectively when trading.