SOLV/USDT – Coiled and Ready to Launch?
Good morning!!
SOLV is quietly building strength under the radar. After weeks of compression, price action is forming a clean ascending channel with increasing volume and RSI momentum. It just broke above the 4EMA and is now pressing into the $0.0388 level — potentially prepping for a breakout.
📈 Key Technicals:
EMA 4 & 20 (black & green) flipping bullish – short-term structure is turning positive.
RSI at 65.19 and climbing steadily, showing sustained buying interest.
Price riding the EMA curve after reclaiming the descending resistance — a classic pre-breakout setup.
🛠️ Entry Ideas:
Aggressive entry: At current breakout levels ($0.0388) with volume confirmation.
Safer entry: On pullback and bounce from the $0.0350–$0.0360 zone (EMA & trendline confluence).
📌 Validation:
Bullish thesis valid as long as price stays above the $0.0330 area.
Breakdown below this would invalidate the ascending structure.
🎯 Target Zones (based on structure & historical S/R):
TP1: $0.0542 – local horizontal resistance and psychological barrier.
TP2: $0.0793 – volume gap fill zone; blue box = key liquidity pocket.
TP3: $0.0866 – strong resistance zone from earlier March spike.
🧠 Final Take: SOLV is showing accumulation behavior with tightening price action, increasing RSI, and EMA support. A clean breakout from here could kick off a fast move toward $0.05 and beyond.
Good trading !!!
