$SOLV has fallen 79% from its peak. Those who got in by now have opened their accounts and aren't angry anymore—just can't accept it. Neither can I.
The chart is starting to dig in its heels: two descending resistance lines have been pressing it down. It broke through one, retested it without falling back below, then broke through the other and held. The price is still making new lows, but each sell-off is coming on lighter volume. It’s tested the 0.00489 floor eight times, and it still hasn’t given way.
I’m not promising it’ll take off tomorrow. For now, it’s only learned how to stop falling. But if you’ve held on this long, don’t hand it over just as it’s finally catching its breath.
The chart is starting to dig in its heels: two descending resistance lines have been pressing it down. It broke through one, retested it without falling back below, then broke through the other and held. The price is still making new lows, but each sell-off is coming on lighter volume. It’s tested the 0.00489 floor eight times, and it still hasn’t given way.
I’m not promising it’ll take off tomorrow. For now, it’s only learned how to stop falling. But if you’ve held on this long, don’t hand it over just as it’s finally catching its breath.
