$RESOLV /USDT – 4H Trade Setup
Market Insight:
$RESOLV is gaining bullish traction, up +6.44% on the day, with strong volume and a bounce from the $0.1588 low. Price recently rejected near the $0.2009 high, but it's holding well above MA(25) and nearing a potential breakout. Momentum is building as it trades close to the 4H trendline resistance.
Entry Zone:
Buy Range: $0.1720 – $0.1825
This range captures the zone between MA(25) support and just below resistance, allowing for a retracement entry.
Targets:
Target 1: $0.1928 – Mid-resistance from recent structure
Target 2: $0.2009 – Previous 24H high
Target 3: $0.2150 – Potential breakout extension if bullish momentum sustains
Stop Loss:
Below $0.1617 (just under key support and MA(99) zone)
Key Levels:
Support: $0.1720 / $0.1617
Resistance: $0.1928 / $0.2009
MA Levels:
MA(7): 0.1875
MA(25): 0.1752
MA(99): 0.1596
Pro Tip:
Look for a 4H candle close above $0.1880 with strong volume as confirmation of a breakout. Alternatively, a dip into the $0.1720–$0.1750 zone on reduced volume could present a low-risk entry for a bounce play.
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