🔻 $RESOLV USDT RETESTS SUPPORT — DEAD CAT BOUNCE OR BEAR CONTINUATION?
Despite a brief recovery to $0.1754, $RESOLV remains stuck in a sharp downtrend. The price attempted a small rebound after bottoming at $0.1722, but current movement lacks momentum and volume — signaling weakness, not strength. Unless bulls reclaim the $0.1800–$0.1820 zone with conviction, further downside is highly likely.
📉 Trade Setup (SHORT):
Entry Zone: $0.1750 – $0.1765
Take Profit 1: $0.1690
Take Profit 2: $0.1605
Stop Loss: $0.1820
🧠 Market Outlook:
Price structure is still bearish — lower highs, lower lows, and rejection near every bounce. RSI hovers near oversold but offers no bullish divergence. Expect another leg down if the $0.1720 level breaks again with volume. Bearish pressure dominates unless a strong breakout above $0.1825 occurs.
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buy and trade here on $RESOLV