š SOLV/USDT Trade Setup ā Trend Reversal in Action!
$SOLV /USDT has shown a clear bullish reversal from the local bottom near $0.0420, forming higher highs and higher lows ā a strong signal that buyers are stepping in after a prolonged downtrend.
The 1H chart reveals a steady grind upwards with healthy candle structure, and the price is now testing a minor resistance at $0.0444.$SOLV
š Current Price: $0.04437
š Change: +0.27% (early breakout in progress)
š Key Technical Levels:
Resistance Zone: $0.0448 ā $0.0455
Breakout Confirmation: Above $0.0455 with strong volume
Immediate Support: $0.0435
Major Support: $0.0420 (swing low)
š Trade Setup (LONG):
š„ Entry Zone: $0.0438 ā $0.0443 (current range)
šÆ Targets:
TP1: $0.0452
TP2: $0.0464
TP3: $0.0478
ā Stop Loss: $0.0429 (below recent consolidation low)
š§ Pro Tips to Impress & Profit:
Wait for Candle Close: Only enter on confirmation if the price closes above $0.0445 with solid volume ā avoid false breakouts.
Monitor RSI & Volume: Look for bullish divergence or volume spike confirmation to support your entry decision.
Partial TP Strategy: Secure profits at TP1, move SL to breakeven, and let the rest ride ā shows professional risk management.
Use Alerts: Set alerts at $0.0455 and $0.0465 to catch momentum entries or breakout rallies early.
Journal the Trade: Share your trade idea and outcome on Twitter/Telegram to build credibility and show transparency.
š§® Potential Risk/Reward:
Risk: ~2.0% (SL from $0.0443 to $0.0429)
Reward: ~7ā9% upside potential to TP3
R:R Ratio: ~1:3 to 1:4+ (Excellent)
š„ Final Thoughts:
SOLV is building bullish momentum with clean structure. A breakout above $0.0455 can open up rapid upside movement toward mid-$0.04s. This is a high-potential trend reversal setup with great R:R for short-term traders.$SOLV
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