$SOLV, seriously? It flew again.
Current price around 0.0039
Rebounded about 21.4% in 24h, but trading volume is relatively weak
Analysis:
This move went straight up from 0.0032 and is now capped below 0.0043, which is the 24-hour high. The last drop was from around 0.0043, when it failed to hold and got smashed through support. Right now, 0.0039 is just a temporary stopping point; if it can’t hold, the nearest level to watch below is around 0.0035, and further down we’d have to look for the 0.0032 launch point. Volume isn’t keeping up, and honestly it feels a bit shaky to rely only on that 5.37% spike on the 5-minute chart. Man, this kind of move is the most frustrating: it runs up and no one buys, then drops and everyone rushes in.
Did you catch the falling knife?
Current price around 0.0039
Rebounded about 21.4% in 24h, but trading volume is relatively weak
Analysis:
This move went straight up from 0.0032 and is now capped below 0.0043, which is the 24-hour high. The last drop was from around 0.0043, when it failed to hold and got smashed through support. Right now, 0.0039 is just a temporary stopping point; if it can’t hold, the nearest level to watch below is around 0.0035, and further down we’d have to look for the 0.0032 launch point. Volume isn’t keeping up, and honestly it feels a bit shaky to rely only on that 5.37% spike on the 5-minute chart. Man, this kind of move is the most frustrating: it runs up and no one buys, then drops and everyone rushes in.
Did you catch the falling knife?
