$SOLV / Bounce from the support area!!!!! Steady rise with healthy trading volume!!! Watch for a breakout above the short-term resistance level!!!
Currently trading at $0.04605, up +5.21% over the last twenty-four hours, after bouncing from a low of $0.04123.
The highest level in 24 hours is $0.04716, with strong trading volume of 130.13M SOLV and $5.75M in USDT, indicating strong interest from traders.
An upward momentum is forming.
A breakout above $0.04700 may lead to additional gains.
Watch the volume and price movements on the lower time frames (15m/1h) for confirmation.
Trade Setup:
Long entry after confirming a breakout above $0.04700,
Targets:
1: $0.04800
2: $0.05000.
Stop loss placed below $0.04400.
Buy and trade here on $SOLV