๐จ $SOLV SHOWING HEAVY MOMENTUM BUT DON'T CHASE OVEREXTENDED GREEN CANDLES! โก
Entry: 0.003680 - 0.003740 โก
Target: 0.003955 - 0.004250 ๐
Stop Loss: 0.003590 โ ๏ธ
While $SOLV is flexing impressive trend alignment with stacked EMAs and a positive MACD, the hourly RSI sitting above 70 warns against buying the top of this expansion. Momentum is clearly strong, but chasing stretched candles gets retail trapped when the market takes a breath. ๐
The disciplined play is waiting for the retest to fill bids inside the primary breakout block. ๐ Allowing indicator heat to cool off into support offers an asymmetric continuation trade as momentum prepares for its next leg higher. ๐ก
Are you letting the pullback come to your orders, or are you chasing the green candle high? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOLV #LongSetup #Crypto #Altcoins #Trading
๐ฅ ๐
Entry: 0.003680 - 0.003740 โก
Target: 0.003955 - 0.004250 ๐
Stop Loss: 0.003590 โ ๏ธ
While $SOLV is flexing impressive trend alignment with stacked EMAs and a positive MACD, the hourly RSI sitting above 70 warns against buying the top of this expansion. Momentum is clearly strong, but chasing stretched candles gets retail trapped when the market takes a breath. ๐
The disciplined play is waiting for the retest to fill bids inside the primary breakout block. ๐ Allowing indicator heat to cool off into support offers an asymmetric continuation trade as momentum prepares for its next leg higher. ๐ก
Are you letting the pullback come to your orders, or are you chasing the green candle high? ๐
โ ๏ธ Not financial advice. Always manage your risk. ๐ก๏ธ
๐ท๏ธ #SOLV #LongSetup #Crypto #Altcoins #Trading
๐ฅ ๐