$RESOLV ๐ RESOLV Explodes +85% โ Real Breakout or Liquidation Bait? ๐
$RESOLV/USDT just launched from $0.17 โค $0.40, clocking a monstrous
๐ +85.09% Gain in 24H
๐ฉ But is this the next runner or a trap? Letโs break it down...
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๐ Technical Analysis (15m Chart)
RSI: 83.7 (๐ฅ Overbought, potential for cool-off soon)
MACD: Fresh bullish crossover, increasing histogram momentum
EMA Stack:
EMA 7: 0.3506
EMA 25: 0.3287
โ Perfect bullish alignment
Open Interest: 68.9M (๐ Ramping = Big Money is In)
Funding Rate Bias:
L/S Ratio: 0.39
Shorts: 72.2%
๐ Heavy short bias = possible squeeze continuation
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๐ง Price Action Context
Support Levels:
๐น $0.3280 (EMA25)
๐น $0.3137
Resistance:
๐บ $0.4040 (Local high)
๐บ $0.4159 (If it breaks out further)
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๐ฏ Trading Strategy for RESOLVUSDT
โ Scenario 1: Breakout Re-entry (Momentum Long)
Entry: Above $0.4040 with strong 15m candle & volume
SL: $0.3730 (below consolidation base)
TP1: $0.4280
TP2: $0.4500
๐งฒ Trail SL above EMA7 for profit lock-in
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โ ๏ธ Scenario 2: Fade Pullback (Smart Buy-the-Dip)
Entry Zone: $0.3280โ$0.3130
Confirm with RSI cooling + bullish MACD crossover
SL: $0.2980
TP1: $0.3730
TP2: $0.4040
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๐จ Scenario 3: Fakeout (Short Setup)
If price fakes out above $0.4040 and quickly dumps:
Short Entry: $0.3980
SL: $0.4150
TP1: $0.3730
TP2: $0.3280
Confirm with MACD divergence + RSI drop below 70
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๐ฌ Final Thought:
๐งจ Everyoneโs watching RESOLV โ but RSI > 80, shorts overloaded, and volume spiking.
This is either a golden long continuation...
Or the perfect rug for late FOMOers.
Donโt guess. Trade the levels. Let TA speak. ๐ฏ