Solv Protocol/BNB (SOLVBNB) Market Overview: 24-hour Analysis

SOLVBNB opened at $0.00004583, hitting a high of $0.00004636, closing at $0.00004514 after 24 hours of fluctuation. Volume surged in key breakthrough and reversal moments and formed a bearish engulfing pattern near the 61.8% Fibonacci level. RSI’s decline from overbought to oversold indicates a potential rebound, while MACD shows a bearish cross. Support level consolidated around $0.00004514 to $0.00004530, and the narrowing of the Bollinger band implies a decrease in volatility.