$RESOLV /USDT – BEARISH REVERSAL IN PLAY AS PRICE BREAKS BELOW KEY SUPPORT
Immediate Market Move:
RESOLV/USDT has dropped 5.77% to $0.1830, falling just above its 24h low of $0.1805. The pair is losing momentum after failing to sustain above the resistance zone near $0.2004, with MACD crossing bearishly and RSI heading toward oversold territory. The breakdown below the $0.1867 support level signals growing seller control, opening the door for further downside pressure.
🔻Trade Setup – SHORT ENTRY:
Entry: $0.1830
Take Profit (TP): $0.1750 / $0.1680
Stop Loss (SL): $0.1905
Wait for confirmation below $0.1805 with strong bearish volume on lower timeframes (15m–1H) to validate entry.
🔹Short-Term Market Outlook:
Market structure is shifting bearish with lower highs and weakening support levels. Unless bulls reclaim the $0.1900+ area quickly, RESOLV could continue sliding toward the $0.1750 zone, especially with volume backing sellers. A cautious approach is advised as volatility increases.
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