$RESOLV /USDT โ 20% Price Explosion! Can It Hold the Gains? ๐
$RESOLV just printed an explosive 4H candle, jumping from $0.3014 to a high of $0.4299 โ a powerful +40% intraday move before a slight pullback. Current price is stabilizing around $0.3617, still up 20% on the day, indicating strong buying momentum, but also showing early signs of short-term exhaustion.
๐ Technical Breakdown:
Massive bullish candle off the $0.30 low suggests institutional buying or news catalyst.
Current price forming a small-bodied candle โ potential consolidation or reversal zone.
A retest of $0.35 could be key to hold support for the next push.
๐ Trading Guide:
Long Setup (If $0.35 holds as support):
Entry: $0.355 โ $0.365
TP1: $0.390
TP2: $0.425
TP3: $0.439
Stop Loss: $0.334
Cautionary Short (If $0.35 breaks down):
Entry: $0.348 โ $0.355
TP1: $0.330
TP2: $0.308
Stop Loss: $0.372
๐ Wait for confirmation โ if bulls step back in above $0.365 with volume, continuation likely. A rejection, however, may trigger a cool-off phase.
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