🔴 $RESOLV
USDT BEARISH CONSOLIDATION: BREAKDOWN LOOMING BELOW $0.1500? 🔴
Current Price: $0.1549 (-0.64%)
📊 Key Levels:
Support: $0.1500
Resistance: $0.1590 (immediate), $0.1630 (next key resistance)
$RESOLVUSDT is currently consolidating in a tight range between $0.1500 and $0.1590 on the 1H timeframe after failing to maintain its recent spike. The sideways movement with lower highs indicates potential weakness, and a break below $0.1500 support could trigger further downside momentum.
🚨 Trade Setup:
Entry (Short): $0.1540 – $0.1550
Take Profits:
TP1: $0.1500
TP2: $0.1450
TP3: $0.1380
Stop Loss: $0.1600
📉 Market Outlook: Market structure remains bearish as price struggles to gain bullish momentum despite repeated attempts. If sellers push price below $0.1500, expect quick downside moves towards $0.1450 and $0.1380 with increased bearish volume.
⚠️ Risk Management: Only risk 1-2% of your total capital per trade. Secure partial profits at TP1 and move your stop-loss to breakeven to manage risk efficiently.
buy and trade here on $RESOLV
💡 Comment 🔻 if you see a breakdown ahead on $RESOLVUSDT!
#CryptoAnalysis #RESOLVUSDT #BinanceTrading #BearishSetup #MarketOutlook
buy and trade here on $RESOLV