$RESOLV Short Liquidation Analysis
A sharp shakeout just hit the shorts in $RESOLV with a liquidation of $1.1695K at $0.1983 — signaling a potential reversal brewing in silence.
Analysis
After consistent downward pressure, this short liquidation indicates an unexpected surge in buy volume. Bulls have started reclaiming their stance around the $0.198 level, flushing weak hands and triggering a short squeeze setup. This could be the ignition point for a breakout attempt.
Buy Zone: $0.1930 – $0.1985
A strategic entry in this accumulation zone allows for risk-managed positioning just below the liquidation trigger.
Target 1: $0.2140
Target 2: $0.2280
Target 3 (extended): $0.2425
Momentum beyond these points could open the door to an even sharper climb if market sentiment aligns.
Stop Loss: $0.1870
Placed just below key support to protect from downside wicks while allowing natural price fluctuation.
Summary
$RESOLV might be stepping into its reversal phase. This liquidation event isn't noise—it's the beginning of a potential trend shift. Traders should watch this zone closely; the risk-to-reward profile is becoming favorable for bulls.