$RESOLV Crashes to Key Support – Relief Bounce or More Pain Ahead?
Current Price: $0.1412
RESOLV has plunged over 11% today and nearly 34% in the past week, marking one of its steepest downtrends recently. After tagging $0.1406 (24h low), price is now hovering around key short-term support. Bulls are attempting a weak defense—but momentum is still heavily bearish.
Immediate Resistance Levels:
• $0.1425
• $0.1448
• $0.1467
These levels are acting as strong rejection zones. Any upside will need to reclaim them with conviction before bulls regain control.
Critical Support Zone:
• $0.1406 – if this floor breaks, price could slip further into uncharted bearish territory toward $0.1380 or lower.
Bullish Setup:
A breakout above $0.1425 may trigger a relief rally toward:
• First target: $0.1448
• Second target: $0.1467
Bearish Setup:
A breakdown below $0.1406 opens downside targets at:
• First target: $0.1380
• Second target: $0.135
Volume Watch:
Volume has spiked on this latest dip—showing signs of panic selling rather than strong buying support. Until there’s a shift in momentum, downside risk remains high.
RESOLV is under heavy bearish pressure, with only minor support holding it up for now. Unless bulls reclaim $0.1425+ soon, sellers could continue to dominate. Be cautious—this chart is still favoring the downside.