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Бичи$SOLV (Solv Protocol) Technical Analysis: Testing Critical Support Amid Delisting News 📉
Entry Zone: $0.00400 – $0.00425
Bullish Above: $0.00550
Target 1 (TP1): $0.00515
Target 2 (TP2): $0.00580
Target 3 (TP3): $0.00650
Stop Loss (SL): $0.00375
$SOLV is currently facing significant downward pressure on the 4H chart, trading at $0.004425 with a sharp -13.12% decline over the last 24 hours. The price action reflects a period of high volatility and intense selling conviction following news of an "Investment Warning" extension by major South Korean exchanges (DAXA). This has pushed the asset toward its recent 24h low of $0.00438, which now acts as a critical structural floor that bulls must defend to avoid further price discovery.
The 24h trading volume remains elevated at $64.93M, indicating that while selling pressure is dominant, there is still active liquidity and speculative interest. For a potential relief bounce, $SOLV needs to stabilize in the $0.0040 – $0.0042 range; a break back above the $0.0055 resistance would be required to neutralize the current bearish bias.
#solv #SolvProtocol #GoogleStudyOnCryptoSecurityChallenges
Entry Zone: $0.00400 – $0.00425
Bullish Above: $0.00550
Target 1 (TP1): $0.00515
Target 2 (TP2): $0.00580
Target 3 (TP3): $0.00650
Stop Loss (SL): $0.00375
$SOLV is currently facing significant downward pressure on the 4H chart, trading at $0.004425 with a sharp -13.12% decline over the last 24 hours. The price action reflects a period of high volatility and intense selling conviction following news of an "Investment Warning" extension by major South Korean exchanges (DAXA). This has pushed the asset toward its recent 24h low of $0.00438, which now acts as a critical structural floor that bulls must defend to avoid further price discovery.
The 24h trading volume remains elevated at $64.93M, indicating that while selling pressure is dominant, there is still active liquidity and speculative interest. For a potential relief bounce, $SOLV needs to stabilize in the $0.0040 – $0.0042 range; a break back above the $0.0055 resistance would be required to neutralize the current bearish bias.
#solv #SolvProtocol #GoogleStudyOnCryptoSecurityChallenges
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