🧩 $RESOLV Trying to Rebound After a Deep Correction
📉 Still in a Downtrend, But Buyers Are Testing the Waters
After a sharp drop from above $0.45, RESOLV is now consolidating near its bottom. Today’s 3.4% gain shows some interest returning — but the moving averages are still above price, acting as resistance.
📊 Current Price: $0.189
MA7: $0.186
MA25: $0.203
MA99: Not yet in range (too early for long-term confirmation)
🎯 Resistance Targets:
Target 1 – $0.203 → Close to MA25 and recent rejection point
Target 2 – $0.227 → Minor recovery zone before last dump
Target 3 – $0.265 → Strong horizontal resistance from previous support
⚠️ Trend Still Bearish Unless…
A break and close above $0.203 with volume would be the first bullish signal to watch. Until then, any move is just a bounce in a downtrend.
⚠️ DYOR – Do Your Own Research. This is not financial advice. Markets can be volatile — always trade responsibly!