🔻 $RESOLV /USDT Heavy Drop – Oversold Reversal or More Pain Ahead? 🔍
$RESOLV has plunged -13.27% to $0.1941, hitting just above its 24h low of $0.1866. It’s currently trading below all EMAs, reflecting strong bearish momentum:
EMA(7): $0.1951
EMA(25): $0.2016
EMA(99): $0.2251
Despite the drop, 48.26M volume and $9.65M in USDT turnover indicate high interest — setting the stage for a potential bounce if $0.186 holds.
📊 Trading Plan: • Entry Zone: $0.186 – $0.195
• Take Profit 1: $0.202
• Take Profit 2: $0.213
• Take Profit 3: $0.229
• Stop Loss: $0.184
⚠️ This is a high-risk, high-reward rebound play. Wait for a strong reversal candle near $0.186 for confirmation.
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