🔻 $RESOLV /USDT – Bearish Pressure Building Under Resistance!
📉 Current Price: $0.1469 (-12.51%)
🔥 24h High/Low:
▫️ High: $0.1707
▫️ Low: $0.1459 (just touched!)
📊 Volume:
▫️ RESOLV: 56.06M
▫️ USDT: 8.88M
📌 DeFi + New listing = High volatility & fast trend shifts
📉 Bollinger Bands (20,2):
Upper Band: $0.2232
Middle Band (MB): $0.1786
Lower Band: $0.1340
🔻 Current Price is heading toward the lower band, confirming bearish continuation.
🔍 Technical Insights:
Breakdown below $0.1531 flipped it into strong resistance
Failed to reclaim MB ($0.1786) = trend is in sellers’ hands
Liquidity is drying as price approaches lower band
🎯 Bearish Targets:
Target 1: $0.1400 ✅
Target 2: $0.1320 🔥
Target 3 (Final Support): $0.1200 💣
❌ Stop-Loss:
🔺 Recommend SL at $0.1555 to protect from fakeouts.
📌 Strategy Insight:
RESOLV looks weak under selling volume. If price breaks below $0.1450 with volume confirmation, expect a sharper fall into support zones. Ideal for short-term traders eyeing fast dips.
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