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🔥 $SOLV Bullish Continuation: Strong Hourly Expansion Targeting Liquidity Above $0.00488
📊 Market Bias: Bullish (Impulsive Trend Structure)
$SOLV /USDT is executing a strong bullish recovery on the 1-Hour chart. After consolidating near its local swing low at $0.00357, the asset generated a series of higher highs and higher lows, breaking above intermediate structural resistance. A fresh green impulse candle has carried price to $0.00472, decisively trading well above the 1H SuperTrend line ($0.00417). Recent narrative momentum across high-beta crypto assets continues to support buyer confidence.
🎯 Trade Setup: LONG ON RETEST
Primary Plan: Enter a LONG position as price retraces slightly to rebalance short-term market inefficiency (FVG/Demand) before pushing toward fresh highs.
Entry Zone: $0.00440 – $0.00458 (Discount Retest / Order Block Zone)
Stop Loss: $0.00410 (Placed below the 1H SuperTrend support at $0.00417)
Take Profit Targets:
TP1: $0.00488 (Local Swing High / Buy-side Liquidity Pool)
TP2: $0.00520 (1.272 Fibonacci Extension Level)
TP3: $0.00565 (Major High-Timeframe Overhead Supply Zone)
Risk-to-Reward Ratio: ~1:2.8 (Calculated from optimal entry near $0.00448)
Trade Invalidation: Hourly candle closing below $0.00410.
#solv #SOLVUSDT #SOLVCoin #SOLVtoken #Binance
📊 Market Bias: Bullish (Impulsive Trend Structure)
$SOLV /USDT is executing a strong bullish recovery on the 1-Hour chart. After consolidating near its local swing low at $0.00357, the asset generated a series of higher highs and higher lows, breaking above intermediate structural resistance. A fresh green impulse candle has carried price to $0.00472, decisively trading well above the 1H SuperTrend line ($0.00417). Recent narrative momentum across high-beta crypto assets continues to support buyer confidence.
🎯 Trade Setup: LONG ON RETEST
Primary Plan: Enter a LONG position as price retraces slightly to rebalance short-term market inefficiency (FVG/Demand) before pushing toward fresh highs.
Entry Zone: $0.00440 – $0.00458 (Discount Retest / Order Block Zone)
Stop Loss: $0.00410 (Placed below the 1H SuperTrend support at $0.00417)
Take Profit Targets:
TP1: $0.00488 (Local Swing High / Buy-side Liquidity Pool)
TP2: $0.00520 (1.272 Fibonacci Extension Level)
TP3: $0.00565 (Major High-Timeframe Overhead Supply Zone)
Risk-to-Reward Ratio: ~1:2.8 (Calculated from optimal entry near $0.00448)
Trade Invalidation: Hourly candle closing below $0.00410.
#solv #SOLVUSDT #SOLVCoin #SOLVtoken #Binance
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