$RESOLV Bearish Pressure Mounting at Support! Breakout or Breakdown?
RESOLV is trading at $0.1690, sitting directly at support after repeated failed attempts to reclaim the resistance zone. Price action is tightening, and volume spikes suggest a decisive move may be near.
Key Levels to Watch:
• Resistance Zone: $0.1715 – $0.1730
• Support Zone: $0.1680 – A break below this could trigger a deeper slide.
Trade Setup – Market Compression Ready to Explode
Bullish Entry:
On a confirmed breakout above $0.1730, possible targets:
• TP1: $0.1750
• TP2: $0.1775
Bearish Entry:
If price loses $0.1680, watch for:
• TP1: $0.1650
• TP2: $0.1620
Order book sentiment is nearly split, with slight sell-side pressure (51.18%). This indicates indecision — wait for the candle close above/below key zones.