$RESOLV USDT – BEARISH REVERSAL SIGNAL AFTER REJECTION FROM $0.1583
SERIES OF LOWER HIGHS FORMING
MACD TURNS BEARISH – SELL PRESSURE INCREASING
$RESOLV hit resistance at $0.1583 and has since pulled back steadily, forming consecutive red candles on the 1H chart. Price is now hovering near $0.1495 with weak bullish defense, indicating buyers are losing momentum.
MACD has crossed into negative territory with widening red histogram bars — confirming a shift in momentum toward the downside. A break below $0.147 could accelerate the drop.
Trade Setup:
Short Entry: $0.1490
Targets (TP): $0.1450 / $0.1435
Stop Loss (SL): $0.1530
RESOLV is showing classic signs of a bearish reversal. Caution recommended as downside pressure builds.
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