Accelerating decline in the price of $RESOLV USDT - support under pressure! ⚠️
The price of $RESOLV USDT has decreased by -6.53%, now testing the minimum of its 24-hour range near $0.15200 after repeated rejection from the supply area between $0.17000 and $0.18000. The one-hour chart clearly shows a strong bearish structure with lower highs and consistent red candles - a sign of declining buying strength and increasing selling momentum.
🔻 Setting up a short sale:
Short sale signal for the $RESOLVUSDT pair 🔴
Entry price: $0.15400 (breakdown area)
Stop loss price: $0.16000 (above the secondary resistance level)
Take profit price: $0.14500
Margin: 2-3% of invested capital
Leverage: 10 times
📉 Market outlook:
Trend: Bearish
Momentum: Accelerating bearish
Key level to watch: $0.15200 - if broken, it may lead to a significant influx of trades below the psychological support level.
Until a clear reversal or a strong bullish engulfing candle appears, the focus remains on short selling.$RESOLV