SSV on the Edge! Will $SSV Pump or Slump? đđ
Looking at the $SSV chart, the token is hovering around the $20 mark after a sharp drop from its June highs of $48. The 7 and 25-period moving averages (MA) are closely aligned at $19.7 and $19.1, indicating weak momentum. However, the major resistance lies with the 99-day MA at $20.76, acting as a strong ceiling for upward movement.
The MACD shows some positive divergence, with the histogram flipping green, suggesting a potential breakout. Yet, with relatively low trading volume, it seems the market is cautious. Bulls may need to break above $21 to reignite any real upward momentum, but if $SSV struggles here, we could see another test of the $18 support level.
The situation is balanced, but bulls need more volume to take control. Be ready for some consolidation before any decisive moves.
