$RESOLV Reclaiming Ground — Bounce in Progress or Dead-Cat Rally?
RESOLV/USDT is currently trading at 0.1570, recovering from a dip near 0.1560. The asset is showing signs of a short-term reversal but is yet to challenge the strong resistance cluster around 0.1595–0.1610. Volume has spiked on the latest candle, indicating renewed buyer interest. Confirmation is still pending.
Key Technical Levels
• Resistance Zone: 0.1595 – 0.1610
A break above this zone with volume could set up a quick move toward 0.1640.
• Support Zone: 0.1560 – 0.1545
If bulls fail to defend this zone, the downtrend may resume aggressively.
Trade Setup
Bullish Scenario
• Entry: Above 0.1610 (confirmed breakout)
• Target 1: 0.1635
• Target 2: 0.1660
• Stop Loss: Below 0.1560
Bearish Scenario
• Entry: Below 0.1545 (breakdown confirmation)
• Target 1: 0.1510
• Target 2: 0.1480
• Stop Loss: Above 0.1595
What to Watch
• Price reaction near 0.1595 resistance zone
• Volume surge on breakout or breakdown
• Confirmation candle on 15M or 1H before entry
RESOLV is stuck in a narrow range after a sharp drop. The next few candles will reveal whether this is a genuine bounce or just a trap. Stay alert and act only on confirmed signals.
