Rising doesn’t necessarily mean it’s worth chasing, and falling doesn’t necessarily mean it’s already weak. SOLV’s answer lies in the entry zone, not in emotions.
Within 1 hour, SOLV is biased bullish. The direction is 3.40. The current price is 0.002757, which is above EMA20 (0.002600), EMA50 (0.002583), and 48-period VWAP (0.002655). RSI is as high as 80.52.
4-hour heat is 78.24, with a gain of 7.53% and a range (amplitude) of 11.70%. Volume has expanded 14.87x, with volume at 7.38. OI is up 18.34%, so I will keep the long position.
I only enter again after the price returns to the entry zone 0.002746–0.002760, and I won’t chase market orders.
Stop loss at 0.002707. First target 0.002823. If it breaks down, I will stop out and exit.
Trading plan:
- Direction: Long
- Entry zone: $0.002746 - $0.002760
- Stop loss: $0.002707
- Take profit 1: $0.002823 (RR 1.52)
- Take profit 2: $0.002839 (RR 1.87)
- Take profit 3: $0.002865 (RR 2.43)
Coin selection rationale: heat 78.24 | 4h +7.53% | amplitude 11.70% | volume expansion 14.87x | RSI 80.52 | volume ratio 7.38 | fee rate 0.001347% | OI +18.34%
Binance USDT Perpetual public chart | for observation only, not investment advice
$SOLV #SOLV