$RESOLV
USDT BEARISH BREAKDOWN – SELLERS REGAIN CONTROL AFTER FAILED SPIKE 🚨
After an aggressive upward spike to $0.1835, $RESOLVUSDT faced heavy rejection, pulling back sharply and now consolidating near $0.1373. This indicates that bearish momentum has overtaken the earlier bullish attempt.
🔑 Key Levels:
Resistance: $0.1500 – $0.1600 zone (previous failed breakout zone)
Support: $0.1318 (24h low), major structural support lies at $0.1200
Current Price: $0.1373
📊 Trade Setup (Short Entry):
Entry Zone: $0.1380 – $0.1400
Take Profit Targets:
TP1: $0.1320
TP2: $0.1250
TP3: $0.1180
Stop Loss: $0.1470
📉 Market Outlook: Momentum has shifted bearish after a liquidity grab above $0.1800. Sellers are dominating with lower highs forming. Breakdown continuation is likely towards deeper supports if the price fails to reclaim the $0.1500 resistance quickly.
⚠️ Risk Management: Use strict position sizing. Risk only 1-2% of your capital per trade to manage unexpected reversals and whipsaws during low-volume periods.
💡 Comment “💀” if you see the same bearish breakdown forming here! Follow for precision setups daily.
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