$RESOLV /USDT – BEARISH BREAKDOWN OR SHAKEOUT FAKEOUT?
REJECTED FROM LOCAL HIGH. STRUGGLING TO HOLD MID-RANGE.
$RESOLV hit resistance at $0.1874 and sharply reversed, breaking below multiple support wicks and sweeping the 24h low at $0.1682. While price bounced back to $0.1736, the structure remains weak unless bulls reclaim $0.1757. Failure to bounce could open the door for another retest of the $0.1680 zone or lower.
SHORT SETUP
Entry: $0.1735–$0.1755
Stop Loss: $0.1785
Target 1: $0.1685
Target 2: $0.1620
Until bulls reclaim control, momentum favors downside continuation.
