$RESOLV /USDT – BEARISH MOVE AHEAD! ⚠️📉
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🔍 TECHNICAL ANALYSIS
The chart of $RESOLV /USDT is showing bearish momentum, with price currently at $0.2565 (-11.49%), rejecting higher levels and forming lower highs on multiple timeframes.
📊 KEY LEVELS
Resistance Levels:
🔼 $0.2700 – Strong resistance zone with previous rejection
🔼 $0.2630 – MA(99) acting as dynamic resistance
Support Levels:
🔽 $0.2525 – Minor support
🔽 $0.2420 – Critical 24h low and strong support base
🔽 $0.2400 – Psychological round number and potential bounce zone
📉 MOVING AVERAGES
MA(7): $0.2559
MA(25): $0.2511
MA(99): $0.2631
Price is trading below MA(99) – confirming a short-term downtrend.
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📌 TRADE SETUP: SHORT ENTRY IDEA
💥 Entry: $0.2560 - $0.2580 (after minor pullback or retest)
🎯 Take Profit Targets:
TP1: $0.2520
TP2: $0.2420
TP3: $0.2350 (if breakdown continues)
🛑 Stop Loss: $0.2635 (above MA(99) resistance)
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📉 RISK MANAGEMENT 🔐
✅ Risk only 1-2% of your capital per trade
✅ Stick to the SL, avoid overleveraging
✅ Monitor volume and BTC sentiment for confirmation
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⚠️ Bearish confirmation needs breakdown below $0.2525 with volume – stay alert and trade safe!
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