$RESOLV – SHORT TRADE SIGNAL AFTER REJECTION

$RESOLV faced rejection near 0.1694 resistance and is now showing signs of weakness despite recent bullish momentum. Price is struggling to hold above the short-term MA, signaling potential downside.

Trade Setup (Short):

Entry: 0.1680 – 0.1685

Targets (TP): 0.1660 / 0.1645 / 0.1625

Stop Loss (SL): 0.1702

Market Outlook:

While the broader trend has been positive in recent sessions, immediate rejection from resistance suggests a pullback phase. Caution advised for long positions.

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