Title: $SOLV Showing Bullish Resilience – Ready for a Retest of $0.014? 🚀
SOLV is displaying a strong recovery on the 4-hour chart after finding support at the $0.0121 level. We recently saw a massive volume spike that pushed the price to $0.0143, followed by a brief consolidation.
Technical Observations:
✅ Bullish Bounce: The price has formed three consecutive green candles, indicating that buyers are regaining control.
📈 Resistance to Watch: The immediate hurdle is $0.0135. If SOLV breaks this, a retest of the recent high at $0.01432 is very likely.
🛡️ Support Zone: $0.0125 is now acting as a local support. As long as the price stays above this, the trend remains bullish.
Market Sentiment:
The order book shows 53% buy orders, indicating steady demand. The recent "wick" rejection at $0.0143 suggests some profit-taking, but the current price action shows the bulls aren't giving up yet.
Are you watching SOLV for a breakout? Let's see if it can clear the $0.0135 zone! 📈
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