$SSV Battles at $3.78 with Downtrend Resistance Overhead
SSV/USDT grinds 0.48% higher to Rs1,058.79 ($3.781), testing key resistance within its 24-hour range of $3.719 to $3.963. The infrastructure token sees robust volume of 674k SSV and $2.57M USDT, indicating active accumulation and distribution.
The technical structure is constrained. Price action is pushing against the immediate resistance at $3.781 but remains capped by the formidable Supertrend barrier at $3.806. A break above this level is essential to challenge the $3.797 and $3.821 resistance zones. The token holds above the $3.719 daily low but lacks decisive bullish momentum.
The outcome hinges on a breakout. A decisive close above the $3.806 Supertrend line would signal a potential trend reversal, targeting a run toward $3.824 and $3.853. However, failure to conquer this resistance will likely result in a rejection and a swift retest of the $3.719 support level. A breakdown below that low would confirm the bearish structure and accelerate selling. The battle at $3.806 is the linchpin for the next major move.
