Here’s an updated and extended analysis with additional technical points and market insights for $RESOLV based on your current alert:
📉 Updated $RESOLV Technical Breakdown
1. Price Action & Structure:
Current Price: $0.1622
Down 12.84%, confirming high bearish momentum
Broke prior support at $0.165, flipping it into resistance
Next major support zones:
• $0.158 (minor)
• $0.152 (mid-range)
• $0.145 (strong demand zone)
2. Volume & Liquidation Pressure:
$5.25K Longs liquidated — weak buyer conviction
Volume spike + price drop = forced selling, not organic
3. Market Sentiment:
Fear-dominated market
Longs are consistently being trapped and flushed
Liquidity pools forming below current price, not above
4. Momentum & Indicators:
RSI likely trending below 35 — oversold but no divergence
MACD confirms bearish crossover
EMA Stack (20/50/100): All above price, sloping down = strong trend confirmation
5. Key Levels to Watch:
Resistance:
• $0.165 (immediate)
• $0.167 (stop-loss level)
• $0.173 (breakout invalidation)
Support Targets:
• $0.158
• $0.152
• $0.145 (longer-term demand)
6. Risk/Reward Thoughts:
No bullish divergence = not a dip-buy opportunity yet
Risk of catching a falling knife if entering early
Ideal play: Wait for double-bottom or trend break confirmation
7. Macro Context (News Drivers):
#IsraelIranConflict adds geopolitical risk
#SaylorBTCPurchase shows macro bullishness, but doesn’t support small caps like RESOLV in risk-off moments
✅ Action Plan Summary
🔴 Avoid longs until a higher low forms + confirmation volume
🟠 Short-term scalpers may target breakdown plays to $0.158/$0.152
🟡 Swing traders: Wait for volatility to die and structure to rebuild
✅ Best trade now = "no trade" unless ultra-short with tight stops
Let me know if you'd like a chart markup, RSI/fib levels, or to compare with similar altcoins under pressure.