$RESOLV
USDT BEARISH RETEST – SELLERS REGAINING CONTROL
After a sharp rejection from the $0.1470 area, $RESOLVUSDT has failed to hold above key resistance, signalling potential downside continuation. The current price is $0.1426, with sellers dominating recent candles.
🔑 Key Levels:
Support: $0.1400 – critical downside level
Resistance: $0.1445 and $0.1470 – recent rejection zones
Current Price: $0.1426
📉 Trade Setup (Short Entry):
Entry Zone: $0.1425 – $0.1435 (on minor upward retests)
Take Profits:
TP1: $0.1410
TP2: $0.1400
TP3: $0.1388 (extended target if momentum increases)
Stop Loss: $0.1448 (above recent resistance)
📊 Market Outlook: Momentum has shifted bearish on the 30m chart with a strong rejection candle followed by downside continuation. As long as price remains below $0.1445, sellers are expected to push towards the $0.1400 support area.
⚠️ Risk Management: Always use strict stop loss levels and risk only 1-2% of your total capital. Wait for confirmation on the retest of the entry zone to avoid false breakouts.
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