Can $SOLV hold $0.004400, or is this just a short squeeze? 👀
Up 11.96% in 24h, with $2.76M volume. The 4h move is also +12%, but RSI sits at 50, so this isn’t fully overheated yet.
Price is above the 20d and 50d MAs. Good. Volume is only 1.2x the 20d average, though, and longs are already paying 0.005% funding ⚠️
At $0.004400, I’d watch for a clean hold before getting aggressive. $BTC strength would help, but $SOLV needs to prove it can keep the bid without leverage doing all the work.
That’s the real test. 📈
#SOLV #Altcoin #Binance
Up 11.96% in 24h, with $2.76M volume. The 4h move is also +12%, but RSI sits at 50, so this isn’t fully overheated yet.
Price is above the 20d and 50d MAs. Good. Volume is only 1.2x the 20d average, though, and longs are already paying 0.005% funding ⚠️
At $0.004400, I’d watch for a clean hold before getting aggressive. $BTC strength would help, but $SOLV needs to prove it can keep the bid without leverage doing all the work.
That’s the real test. 📈
#SOLV #Altcoin #Binance