$RESOLV Testing the Top Range, Breakout or Rejection Next?
RESOLV is currently trading at $0.1854, showing a 4.45% gain for the day. Price is nearing resistance after a strong rebound, but momentum appears to be stalling. The market is consolidating in a tight range, setting the stage for a breakout or breakdown.
Key Levels to Watch
Resistance: $0.1900 – A breakout above this range could extend the move toward $0.1950 and $0.2000
Support: $0.1830 – A breakdown below this level may pull the price toward $0.1780 and $0.1760
Trade Setup – Tight Channel, Awaiting Direction
Bullish Entry: Break and hold above $0.1900
• TP1: $0.1950
• TP2: $0.2000
Bearish Entry: Drop below $0.1830 with confirmation
• TP1: $0.1780
• TP2: $0.1760
RESOLV is holding a key range and preparing for its next move. Traders should stay cautious and wait for clear breakout or breakdown signals before committing to a position.