🚨 $RESOLV /USDT – Short-Term Rejection Zone Ahead? 🚨
$RESOLV has seen a +1.14% uptick, currently trading at $0.1862. Despite the bounce, EMA(7) at $0.1886 is now below EMA(25) at $0.1998, signaling short-term weakness and potential for another dip if resistance holds.
📉 Trading Plan:
Caution Zone: $0.1960 (24h high) – strong rejection likely
Support Range: $0.1796 – $0.1741
Breakout Watch: Above $0.1998 = bullish confirmation
Failing EMAs = Bearish Bias in short term
📊 Volume shows decent activity, but momentum is fading below EMAs. Smart traders should wait for confirmation before jumping in.
⚠️ Risk management first. Plan the trade. Trade the plan.
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