๐จ $RESOLV /USDT 15m โ From Vertical Launch to Fadeout: Will Bulls Return?
๐ Price: $0.3419
๐ Price has retraced heavily after explosive spike โ down nearly 13% from peak
๐ Chart Recap:
A sharp vertical candle sent RESOLV flying above $0.44, but the momentum didnโt last. Sellers stepped in hard, pushing price back below key MAs. Currently trying to stabilize around $0.34.
๐ง Micro-Price Action Insights:
Price is hovering below MA(7) ($0.3458) and barely clinging to MA(25) ($0.3409)
Lower highs forming โ structure turning fragile
Short-term buyers likely watching $0.355 for a reaction
๐ Key Levels to Watch:
โ
Break above $0.355 = room for rebound toward $0.37โ$0.39
โ Drop below $0.335 = trap confirmed, eyes on $0.312โ$0.295 zone
๐งช Momentum Snapshot:
Volume drying up
No follow-through on spike
Likely needs fresh catalyst or whale intervention to revive action
๐ฏ Scalp Idea:
Entry: Above $0.355
Target: $0.375โ$0.388
Stop: Below $0.331
โ ๏ธ DYOR โ Do Your Own Research.
This is not financial advice. Markets can be volatile โ always trade responsibly!