This looks like a well-structured long trade setup for $SOLV/USDT, based on price momentum and volume. Here’s a breakdown of the key points:
Trade Rationale:
Strong Uptrend: $SOLV has gained +6.65%, rebounding from $0.03855 and heading toward its 24h high at $0.04270.
Momentum Indicators: The price is forming higher highs, signaling continued bullish strength.
Breakout Potential: A move above $0.04300 could trigger a breakout toward $0.04550+.
Support Level: $0.04000 acts as a critical support zone—holding above this strengthens the long bias.
Risk Management:
Stop-Loss at $0.04000 limits downside risk.
Adjust SL upward as targets are reached to protect gains.
Profit-Taking Strategy: Gradually secure profits at $0.04350, $0.04450, and $0.04520.
Would you like a technical analysis update with indicators like RSI, MACD, or moving averages?