š„ $RESOLV
USDT BEARISH PULLBACK ā WEAK BOUNCE SIGNALS ANOTHER DROP INCOMING
The current price of $RESOLVUSDT is 0.1555, showing a weak recovery after heavy sell pressure. Market structure on the 1H chart shows lower highs forming consistently, indicating bearish continuation.
š Key Levels:
Resistance: 0.1600 ā 0.1650 (supply zone and previous rejection area)
Support: 0.1500 (psychological and structural support), next major support near 0.1409 (24h low)
š Trade Setup:
Short Entry: 0.1560 ā 0.1590
Take Profit (TP):
TP1: 0.1505
TP2: 0.1450
Stop Loss (SL): 0.1620 (above resistance rejection area)
š Market Outlook:
Momentum remains bearish as buyers fail to sustain any rally above 0.1600. Selling pressure is likely to dominate unless a strong breakout above 0.1620 occurs with volume confirmation.
ā ļø Risk Management:
Risk only 1-2% of your capital per trade. Place stops strictly to protect against volatility spikes and avoid overleveraging in a ranging market.
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buy and trade here on $RESOLV