💡 Quick Technical Analysis:
✅ Rocket rebound! After the price dropped to $0.04123, SOLV saw a strong jump to $0.04616 with an increase of +6.16% in 24 hours – indicating rising and sudden buying pressure!
✅ RSI at 77.31 – has entered the overbought area 🔥 and this indicates very strong upward momentum, but caution is required for potential corrections.
✅ Positive and crossing MACD! Both lines are in a positive area, reinforcing the likelihood of a continued upward trend in the near term.
✅ Huge trading volume exceeding 151 million SOLV – the market is very active and traders are flocking in!
$SOLV
---
🚀 Expected scenario:
🔼 If SOLV breaks the resistance at $0.04778, we may witness a new surge towards levels of $0.050 - $0.052 quickly!
🔽 In the event of a corrective pullback, the nearest support at $0.04445 - $0.04257 could form a strong pivot point for a rebound.
$SOLV
---
🔥 Is SOLV set to explode?!
With the current momentum, active indicators, and increasing interest on Binance – we may be facing a rare opportunity! 🚀 Are you ready to chase the next wave? 🌊