$SOLV /USDT BOUNCING FROM STRONG SUPPORT — BULLISH REVERSAL LIKELY
$SOLV has corrected to the key horizontal demand zone around 0.04450, showing signs of stabilization after a strong selloff. This area acted as prior support and is now holding once again, indicating a possible reversal. With high volume at the base and bullish candlestick patterns forming, the pair may soon target higher resistance levels.
Trade Setup:
Entry (Long): 0.04440 – 0.04460
Take Profit: 0.04700
Stop Loss: 0.04310
Market Outlook:
Market structure remains bullish overall despite the drop, with a clean retracement to prior support. If SOLV holds this zone, a continuation toward 0.04700 is expected. Risk/reward favors buyers from this range.
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