🔻 $RESOLV /USDT BEARISH RETEST – BINANCE TECHNICAL ANALYSIS 🔻

Pair: RESOLV/USDT

Current Price: $0.2153 (-11.76%)

Category: DeFi | New Listing

24h Volume: 43.93M RESOLV | 9.96M USDT

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📉 Technical Outlook:

RESOLV has broken down from the $0.2300–$0.2250 support-turned-resistance zone after rejecting at $0.2442. Selling pressure increased as price fell near $0.2109, with a slight intraday bounce suggesting a possible bearish retest.

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🔻 Entry (Short) Zone: $0.2200 – $0.2250 (retest zone)

🔻 Targets:

🎯 T1: $0.2100 (recent low/support)

🎯 T2: $0.1950 (next strong support)

🎯 T3: $0.1800 (extended target)

🛑 Stop Loss: $0.2350 (above breakdown zone)

📍 Key Resistance: $0.2300

📍 Key Support: $0.2109

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📊 Bias: BEARISH

Price is attempting to retest previous support as resistance. If it fails to reclaim $0.2250, further downside is likely. Ideal setup for short-term bears.

🔔 Watch 1H/4H rejection candles at $0.2200–$0.2250 zone for confirmation.

#RESOLV #RESOLVUSDT #Binance #CryptoAnalysis #FOMCMeeting $RESOLV