Market Overview: Solv Protocol (SOLVUSDT) 24-Hour Analysis

Generated by AI AgentAinvest Crypto Technical Radar
Wednesday, Aug 13, 2025 5:02 pm ET1min read
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Aime RobotAime Summary

- Solv Protocol (SOLVUSDT) traded between 0.0417–0.0428 with bearish bias, testing key support/resistance levels repeatedly.

- RSI overbought conditions and bearish divergence, plus expanding Bollinger Bands, signaled rising volatility and downward pressure.

- High-volume bearish reversal patterns and Fibonacci 61.8% retracement at 0.0420 suggest potential continuation below critical levels.

- MACD turned bearish, 50-period MA crossed below longer-term averages, confirming sustained downward momentum.

• SOLVUSDT consolidates between 0.0417–0.0428 amid mixed volume flow and bearish bias in late-night hours.
• Key 15-min support at 0.0420–0.0421 tested repeatedly, while resistance at 0.0427–0.0428 shows initial rejection.
• RSI signals overbought conditions in late morning, followed by bearish momentum divergence in afternoon trade.
•

Bollinger
Band expansion in early morning suggests rising volatility, with price closing near the midline.
• High-volume bearish reversal patterns emerge after midday, hinting at potential continuation below key levels.


Solv Protocol (SOLVUSDT) opened at 0.04266 on 2025-08-12 12:00 ET and closed at 0.04260 on 2025-08-13 12:00 ET, reaching a high of 0.0429 and a low of 0.04172. Total volume amounted to 148,410,970 and notional turnover was approximately $6,297,526 (calculated from volume × close prices).

Structure & Formations


Price action reveals a bearish consolidation pattern within a descending range, with key support at 0.0420–0.0421 and resistance at 0.0427–0.0428. A bearish engulfing pattern appeared around 2025-08-12 19:15 ET after a bullish rally failed to sustain above 0.0421. A doji formed at 2025-08-13 03:15 ET at 0.04266–0.04266, signaling indecision after an upward push.

Moving Averages


On the 15-min chart, the 20-period MA (0.04252) is slightly above the 50-period MA (0.04245), indicating bearish momentum. On the daily chart, the 50-period MA crosses below the 100-period and 200-period MAs, reinforcing a bearish bias.

MACD & RSI


The 15-min MACD turned bearish after midday, with the histogram shrinking in late trading, suggesting waning bullish momentum. RSI hit overbought territory at 73 in the morning and later dropped below 50, reinforcing bearish pressure. A bearish divergence appeared between price and RSI in late afternoon, indicating potential for further downside.

Bollinger Bands


Bollinger Bands expanded in the early morning hours, reflecting increased volatility during the bearish leg from 0.0421 to 0.0417. Price closed near the midline, suggesting no immediate breakout is expected, but continued bearish pressure may push it closer to the lower band.

Volume & Turnover


Volume spiked significantly around 2025-08-12 18:30 ET (14.5M) and 2025-08-12 19:15 ET (12.4M), coinciding with bearish price action. Turnover confirmed the bearish momentum during these periods. Divergence between rising price and falling volume in early morning hours indicated weakening bullish conviction.

Fibonacci Retracements


A 38.2% retracement level at 0.0424 and a 61.8% level at 0.0420 appear to be key thresholds. Price has bounced off the 61.8% level multiple times, suggesting a potential test of 0.0417–0.0418 in the near term.

Price may continue to consolidate in a tight range before either breaking out or correcting further. A break below 0.0420 could trigger a test of the 0.0417 level, but investors should remain cautious of potential reversals amid low volatility.