# š Is $SOLV Preparing for a Massive Breakout to $0.07? š
š¹ Current Price: $0.04573
š¹ 24h Change: +5.08%
š¹ 24h High: $0.04618
š¹ 24h Low: $0.04316
š¹ 24h Volume: 35.61M ā healthy activity with signs of accumulation
## š Technical Highlights
ā Price is moving inside an ascending channel since the $0.02163 low ā higher lows = bullish structure.
ā Clear horizontal supply at $0.048ā$0.053 with multiple rejections.
ā Fresh bounce from channel support (~$0.041) with a strong green candle confirms buyers defending trend.
ā EMAs (7/25/99) are compressed ā coiling before a potential range expansion.
## šÆ Take Profit Targets
- TP1: $0.04850 ā +6%
- TP2: $0.05300 ā +16%
- TP3: $0.06000 ā +31%
- TP4: $0.07000 ā +53%
š”ļø Stop-Loss Suggestion: Below $0.04100 ā breakdown would invalidate the ascending channel.
## š” Smart Reminder
- Holding above $0.041 keeps the bullish setup intact.
- Real confirmation = daily close above $0.053 with a clear volume surge.
- Failure at $0.048ā$0.053 may trigger a pullback to channel support before another attempt.
š Question for Traders:
Will $SOLV finally clear the $0.053 wall and sprint toward $0.070, or will sellers cap the move again? š¤