📉 Current Market Overview:

Last Price: $0.24436 (₹21.04)

24h Change: -9.33% (Bearish movement)

24h High / Low: $0.29966 / $0.24180

24h Volume:

RESOLV: 1.32B

USDT: 357.01M

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🧠 Chart Analysis & Pattern:

The chart shows a corrective pattern likely labeled as a W-X-Y structure, commonly found in Elliott Wave Theory.

(W) and (Y) indicate price corrections or pullbacks.

A potential reversal is suggested at point (Y), which aligns with a support zone between $0.23767 and $0.24432.

The blue arrow projection suggests a bullish breakout toward $0.31+, possibly targeting $0.35–$0.40.

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🔍 Key Support & Resistance Zones:

Support Levels:

$0.23767 (Major)

$0.24432 (Current price)

Resistance Levels:

$0.24796

$0.25945

$0.31+ (Future projection)

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🛠️ Technical Outlook:

The formation could indicate a double bottom or bullish continuation, depending on upcoming volume and price action.

Order book strength: 70.27% buyers vs. 29.73% sellers — bullish sentiment in the short term.

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⚠️ Final Note:

If the price holds above the $0.237 zone, a strong recovery rally could be in play. However, if it breaks below this key support, further downside may occur.

Would you like a forecast for the next few days or help setting stop-loss/take-profit targets? #RESOLV $BTC