$RESOLV /USDT, based on the provided market data:

$RESOLV/USDT

SHARP DUMP AFTER LISTING

NEAR OVERSOLD ZONE

POTENTIAL DEAD CAT OR BOUNCE SETUP

The price of RESOLV has dropped sharply to $0.2560 (-22.09%), after peaking at $0.3570 within the last 24 hours. The pair is nearing its 24h low of $0.2528, indicating selling exhaustion. A short-term consolidation is forming on the lower timeframes (30m/1h), potentially hinting at a bounce if $0.2500 holds.

Trade Setup: Wait for confirmation of support around $0.2500–$0.2600.

A bounce toward the $0.3000–$0.3200 resistance area is likely if volume picks up.

Ideal for scalp longs with tight stop-loss below $0.2480.

Avoid chasing unless a bullish candle closes above $0.2700.

Market Outlook:

Caution is advised as this may just be a relief rally or dead cat bounce. If $0.2500 fails to hold, next support lies near $0.2200. Overall trend still bearish post-launch.

#Resolv #DeFi #CryptoTrading #ScalpSetup #BinanceNewListing

buy and trade here on $RESOLV