š„ $RESOLV ā Exhaustion Spike, Momentum At Risk
Price just printed an exhaustion wick after a rapid vertical push, signaling cooling momentum.
Key Levels:
ā¢ Resistance: 0.1460 ā 0.1480
ā¢ Support: 0.1330 ā 0.1290
ā¢ Major Support: 0.1200
Entry Setup (Short):
š Entry: 0.1380 ā 0.1400
šÆ TP1: 0.1335
šÆ TP2: 0.1295
šÆ TP3: 0.1225
š SL: 0.1495
DYOR & manage your risk.
RSI is heavily overbought across all periods, showing clear exhaustion after the vertical surge.
MACD histogram is topping out with signs of losing upward momentum.
Price action shows a strong upper wick rejection from resistance, indicating buyers are weakening.
Volume spiked on the blow-off candle and is now tapering, a classic sign of a short-term top forming.
#resolv #altcoin #marketpullback #altcoinmarketrecovery $RESOLV
