$RESOLV USDT SHOWS SIGNS OF EXHAUSTION ā SHORT SETUP IN PLAY š»
After an explosive vertical rally, $RESOLVUSDT has hit major resistance near the 0.1690 zone and printed a sharp rejection wick. Momentum is fading, and the price is showing early signs of reversal. A strategic short opportunity is now active for those prepared to capitalize on the retracement.
š» Short Trade Setup
⢠Entry Zone: 0.1632 ā 0.1657
⢠Take Profit 1: 0.1571
⢠Take Profit 2: 0.1528
⢠Stop Loss: 0.1679
⢠Leverage: 10x
⢠Risk Allocation: 2ā3% of capital
š Market Outlook:
Momentum has shifted from bullish to overheated. RSI likely overbought on LTFs and resistance zones have held firm. Volume spiked on rejection ā a classic trap for late bulls. Expecting a corrective move toward prior support zones before any continuation.
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š¬ Comment š if you're ready to ride the reversal!
buy and trade here on $RESOLV