$RESOLV First rebound target 0.35~0.4, second rebound target historical high above 0.43
Coin price: Highest reached 0.43 at launch, currently retracing to 0.32, rebounding to 0.33, overall relatively strong
Concept: The stablecoin concept received funding from #Coinbase, with a mechanism very similar to ENA, where the underlying is hedged against the price impulses of collateral through contracts. Currently being widely adopted globally for promoting stablecoins.
Commentary: $RESOLV 5300W market cap, 0.33 is not considered high, caused by a poor environment; once the trend reverses, it will rebound immediately.
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