$SOLV / USDT Showing Bearish Pressure Near Lows on Binance 📉
Solve ( $SOLV ) is currently trading at $0.02726 on Binance, down by 0.48% on the 4-hour chart and 3.20% overall.
The 4-hour chart indicates a prevailing bearish sentiment. The price has been trending downwards and is currently trading just above the 24-hour low of $0.02682. The 24-hour high reached $0.02991, highlighting the recent downward trajectory.
The immediate support level to watch is the 24-hour low. A break below this could lead to further downside. On the upside, resistance is likely around the $0.0275 and $0.0280 levels. A sustained move above these could signal a potential short-term recovery.
Key Levels to Watch:
Potential Support: $0.02682
Potential Resistance: $0.0275, $0.0280, $0.0285
Traders should exercise caution and monitor volume for confirmation of any potential breakouts or breakdowns. The current trend suggests continued bearish pressure in the short term.