$RESOLV Squeezing Tight – Breakout or Breakdown Ahead?
RESOLV/USDT is consolidating in a tight range just above $0.1395. Despite today’s red candle, the chart shows price compressing between local resistance and a firm support zone. This setup suggests a breakout could be loading—volatility likely to spike soon.
Key Price Levels
Resistance Zone:
• $0.1405 – $0.1410
A clean breakout above this region could drive price toward $0.1435 and $0.1452.
Support Zone:
• $0.1395
Losing this support could trigger downside toward $0.1376 and $0.1350.
Trade Plan
Bullish Setup:
Buy on breakout above $0.1410
• Target 1: $0.1435
• Target 2: $0.1452
• Stop-loss: Below $0.1395
Bearish Setup:
Sell on breakdown below $0.1395
• Target 1: $0.1376
• Target 2: $0.1350
• Stop-loss: Above $0.1405
Volume remains steady but not explosive—yet. Watch closely for a decisive move beyond this range. First candle above or below could set the tone for the next swing.