$RESOLV USDT – BEAR FLAG OR BULL TRAP? PRESSURE MOUNTS BELOW RESISTANCE
• LOWER HIGH FORMED BELOW $0.1664
• REJECTION AFTER ATTEMPTED RECOVERY
$RESOLV failed to sustain its bounce above $0.16 and is now showing signs of weakness on the 4H chart. After rebounding from the $0.1480 low, price got rejected near the previous resistance zone and is now printing a bearish candle with declining volume.
Trade Setup:
• Short Entry: $0.1550 – $0.1570
• Target 1: $0.1490
• Target 2: $0.1440
• Stop Loss: $0.1620
Momentum remains in favor of sellers unless the price reclaims $0.165. Breakdown below $0.148 will confirm a new leg down.
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