$RESOLV Testing Key Resistance – Breakout Setup or Short-Term Exhaustion?
RESOLV is currently trading at $0.1538, holding firm after a strong rally from recent lows. Price is consolidating just under intraday resistance, with volume starting to build. A decisive move is expected soon.
Key Levels to Watch
• Resistance Zone: $0.1540 – $0.1560
A breakout above this range could confirm continued bullish momentum.
• Support Zone: $0.1520 – $0.1505
Failure to hold this zone may lead to a short-term pullback.
Trade Setup – Tight Structure, Clear Reaction Zones
Bullish Scenario
A breakout above $0.1560 could trigger an upward move toward:
• TP1: $0.1595
• TP2: $0.1640
Bearish Scenario
A rejection from resistance and a break below $0.1505 may push price toward:
• TP1: $0.1480
• TP2: $0.1450
Market is coiling at a short-term top. Keep eyes on volume confirmation and candle structure near $0.1540–$0.1560 for the next breakout decision.
