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$SOLV /USDT Trading Signal – Recovery from Recent Lows
Current Price: $0.0857 (-15.06%)
$SOLV has experienced significant selling pressure, dropping to a 24H Low of $0.0740, but is now showing signs of recovery. With increasing volume and support from EMA(7): $0.0841, a potential reversal could be on the horizon.
📉 Short Entry Signal:
If the price falls below $0.0830, a short position may be viable.
Entry Range: $0.0825 - $0.0830
Target 1: $0.0780
Target 2: $0.0750
Stop Loss: $0.0870
📈 Long Entry Signal:
If the price sustains above $0.0880, look for a bullish continuation.
Entry Range: $0.0880 - $0.0900
Target 1: $0.0940
Target 2: $0.0980
Stop Loss: $0.0840
🔎 Market Observations:
$SOLV is trading below EMA(25): $0.0927, indicating the need for further bullish momentum to confirm a reversal.
Support is strong at $0.0740, and resistance lies at $0.0880, a critical level for breakout confirmation.
Volume is building, signaling potential volatility in the coming sessions.
🛑 Risk Management Reminder:
Trade cautiously in volatile markets. Always set stop-loss levels and avoid overexposure.
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