Binance Alpha debut explodes! 2 million pieces $RESOLV airdrop starting tonight!
Family, RESOLV's 1-hour line looks a bit precarious today! Current price 0.21538 plummeted 4.99%, amplitude 2.61%, K-line oscillating downwards, with obvious bearish pressure.
Indicators show the MACD double lines swaying at the zero axis, bullish momentum is almost gone, KDJ's J value has dropped to 13.89 entering the oversold zone, it should have rebounded, but the 21.8M trading volume is weak, outside funds are not bottom fishing, it's highly likely the big players are controlling and washing the market.
Price hovers at the low of 0.21538, if the support below cannot hold, it will continue to sell off to find new lows, stabilize the volume and make up or use the oversold condition for a small rebound.
Don't take the current market lightly, short term is bearish, closely watch the trading volume and support below, stop loss if it breaks, wait for a rebound if it doesn't break, be cautious at this stage!
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