$RESOLV /USDT BEARISH BREAKDOWN AHEAD! 🔻📉
📊 Current Price: $0.2524
🔼 24h High: $0.3007
🔽 24h Low: $0.2421
📉 Change: -7.44%
🔍 TECHNICAL OUTLOOK:
$RESOLV/USDT is displaying clear bearish momentum after failing to hold above the key $0.2650 support (now turned resistance). Sellers have stepped in aggressively, pushing price below critical zones.
📌 KEY LEVELS TO WATCH:
Resistance:
🔺 $0.2650 – Major resistance from recent breakdown
🔺 $0.2700 – Minor resistance from recent failed bounce
Support:
🔻 $0.2450 – Immediate support
🔻 $0.2420 – Last 24h low, crucial psychological level
📉 TRADE SETUP – SHORT POSITION:
Entry: $0.2520 – $0.2550
TP1: $0.2450
TP2: $0.2400
SL: $0.2620
📎 Reason: Price is consolidating near support with weakening volume and lower highs – suggesting continuation of the downtrend.
⚠️ RISK MANAGEMENT TIP:
🔐 Risk only 1-2% of your capital per trade. Use a tight stop-loss and avoid overleveraging in volatile DeFi assets.
📉 Trend is your friend — ride the wave down with caution! 🚨💣
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