🔄 $RESOLV /USDT – Trend Reversal Heating Up! 🚀🔥
$RESOLV is showing its first real signs of strength after a long downtrend. A bullish engulfing candle off key support at $0.1585, combined with rising volume, hints that the bulls are stepping back in. A breakout above $0.1787 could confirm the start of a short-term rally.
📊 Trade Setup:
• Entry Zone: $0.1685 – $0.1725
• Target 1 (TP1): $0.1760
• Target 2 (TP2): $0.1800✅
• Stop Loss (SL): $0.1620
⚡ Technical View:
The reclaim of $0.170 and bullish candle structure suggest momentum is shifting. Watch closely if price breaks above $0.1787 with volume.
🛡 Risk Note:
Invalidation below $0.1620. Use strict SL and adjust position size to control risk.
🔄 Strategy Breakdown:
This is a counter-trend reversal play, banking on the first wave of buyer strength after a deep retracement. Entry just above support offers strong upside with limited downside risk.
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