$RESOLV /USDT BEARISH BREAKDOWN AHEAD – SELL PRESSURE MOUNTS BELOW KEY LEVELS
Technical Analysis:
$RESOLV /USDT pair is showing clear bearish momentum as the price drops -8.42% to $0.2446, failing to hold above crucial support zones. A strong rejection is seen from the 24h high at $0.2725, with the price slipping steadily toward lower zones.
Key Levels:
Current Price: $0.2446
Resistance Levels: $0.2600 – $0.2725
Support Levels: $0.2375 (short-term), $0.2250 (major support)
Trade Setup (Short):
Entry Zone: $0.2450 – $0.2500
Target 1 (TP1): $0.2375
Target 2 (TP2): $0.2250
Stop Loss (SL): $0.2600
Market Outlook:
Volume shows weakness in buyer momentum with USDT volume at 10.10M against a heavier RESOLV volume at 40.28M, indicating more sellers offloading. The trend remains bearish unless price reclaims $0.2600 with strong volume.
Risk Management:
Use proper position sizing (1-2% risk per trade). Set stop loss strictly and avoid overleveraging to protect capital during volatility.
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