$RESOLV /USDT โ BEARISH BREAKDOWN IN PLAY โ ๏ธ๐
๐ Technical Analysis (4H Chart):
$RESOLV /USDT has broken down below key moving averages and is now trading at $0.2435 (-24.21%), confirming strong bearish momentum.
๐ Key Resistance Levels:
$0.2495 (MA 25) โ Immediate resistance
$0.2765 (MA 99) โ Major bearish rejection zone
$0.3295 โ 24H High & Upper resistance zone
๐ Key Support Levels:
$0.2298 โ Intraday low
$0.2270 โ Strong horizontal support
$0.2150 โ Next possible downside target
๐ผ Trade Setup (SHORT Entry):
๐ธ Entry: $0.2435 โ Current price
๐ธ Stop Loss (SL): $0.2510 โ Above MA 25
๐ธ Target 1 (TP1): $0.2295
๐ธ Target 2 (TP2): $0.2150
๐ Trend Indicators:
MA Crossover: 7 MA < 25 MA < 99 MA = Confirmed downtrend
MACD: Bearish crossover in motion
Volume Spike: High sell volume confirms downward pressure
โ ๏ธ Risk Management:
Risk/Reward Ratio: Aim for 1:2 or better
Use 1-2% of capital per trade to limit exposure
Stick to SL and avoid revenge trading in volatile conditions
๐จ SUMMARY:
$RESOLV /USDT is in a clear bearish trend. Rejection from moving averages and volume-supported breakdown point toward lower targets ahead. Ideal for short trades with tight risk control.
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