$BNB #USDC/USDT Here’s the trend analysis for RESOLV/USDT on the 4H chart:
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📈 Trend Overview:
Current Price: $0.1703
24h Change: +11.89%
Trend Direction: Bullish Reversal (Early Stage)
Recent Low: $0.1382
Previous High: $0.2255
Resistance Zone: $0.1720 – $0.1915
Support Zone: $0.1530 – $0.1495
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📊 Technical Indicators:
1. RSI (Relative Strength Index):
Value: 79.28 (Overbought)
➤ Indicates strong upward momentum, but could be due for a short-term pullback or sideways move.
2. MACD:
MACD Line crossed above Signal Line
Green histogram bars are increasing
➤ Strong bullish momentum building up, confirming a trend reversal from the bottom.
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📉 Price Action:
Clear