$SOLV /USDT Analysis Update
🕒 Timeframe: 1H & 4H |
🔍 Chart Observation:
On the 1H chart, $SOLV is attempting to flip the 200 EMA resistance ($0.04306) into support, after steadily bouncing above the 50 EMA.
RSI is trending higher at 61.99, hinting at building bullish momentum.
Strong cluster of support observed between $0.04210–$0.04240 zone, aligning with EMA confluence (20/50 EMAs).
🧠 4H Perspective:
$SOLV Price is attempting to reclaim the 100 EMA (~$0.04303), while a higher low structure is forming.
RSI on 4H is also curving upward (51.84) after rejecting from oversold territory — signs of a possible mid-term recovery.
Previous swing high rejection (~$0.04500) remains a short-term resistance to monitor.
📌 Trading Strategy – Breakout Play:
💼 Entry Zone: $0.04300–0.04320 (after 1H candle closes above 200 EMA with strength)
🎯 Targets:
• TP1: $0.04410
• TP2: $0.04500 (previous top)
• TP3: $0.04580 (extension rally if volume spikes)
🛡 Stop-Loss: Below $0.04200 (lose structure base = exit)
🧨 Risk Note: If price faces rejection at the 200 EMA again and RSI starts rolling below 50 on both 1H & 4H, shift bias to range-bound with downside risk back to $0.0416.
🧠 This pattern closely resembles a consolidation breakout setup with early bullish signals. However, confirmation through volume push and EMA hold is critical.
🔁 “Patience + Setup = Profits.”
Trade what you see, not what you feel.
📉 This is not financial advice. DYOR (Do Your Own Research).
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