- The current recovery of RV has gained 90% from the low having broken above the resistance level of $0.07374 and maintained the momentum at 0.07911.
- The recovery has been supported by strong support at $0.04541 which has prevented further declines and facilitated upward movement.
- The next resistance level is set at $0.12081, with current trading activity suggesting consolidation before further movement.
After retesting and rallying upwards, after holding its support base, it has registered a gain of 90% since its earlier lows. A major resistance level was successfully breached by the asset, which further solidifies the upward trend.
Trading activity highlights renewed momentum as SERV stabilizes above previous consolidation zones. With technical strength and utility factors supporting market interest, SERV now trades within an active growth phase at $0.07552 with a 5.6% decline.
Support and Resistance Levels
The chart shows SERV bouncing off the $0.04541 support level, which has provided a consistent foundation in recent sessions. This level has prevented deeper declines and created a base for the ongoing price advance.
Following the latest breakout, SERV has moved above the $0.07374 resistance line. The next key resistance sits higher near $0.12081, where traders will watch for sustained movement. Notably, SERV’s current price action around $0.07911 indicates momentum remains intact as the asset holds above broken resistance.
Price Momentum and Chart Structure
SERV’s structure displays a clear upward trend, with a strong recovery following a descending channel breakdown earlier in the chart. The climb out of that pattern created a shift toward higher lows, which has since carried price action higher.
Volume has supported the advance, with participation increasing during upward moves. This consistency indicates ongoing activity from buyers during rallies. The separation above the $0.07374 level is more meaningful, as the token challenges the next resistance area.
Market Behavior and Trading Activity
Recent activity suggests SERV has avoided significant retracements despite strong gains, indicating that participants have maintained positions instead of exiting. The resilience above support areas provides stability for the ongoing trend.
Trading within the $0.07911 region reflects controlled upward progress, with clear levels now defining the next potential path. Until the $0.12081 resistance is tested, SERV is expected to consolidate within its present range. However, the broader setup remains shaped by strong support, measured advances, and sustained volume activity.
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