$RESOLV /USDT BEARISH REVERSAL UNDERWAY 🔻📉 – MAJOR SUPPORT BEING TESTED
The DeFi newcomer is under strong bearish pressure, currently trading at $0.2001, down 5.30% on the day. After a sharp rejection from the $0.2247 high, the price is now clinging to crucial support — and a breakdown below $0.1990 could ignite deeper downside momentum.
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📊 CURRENT PRICE: $0.2001
📉 24h High / Low: $0.2247 / $0.1993
📉 24h Volume: RESOLV – 51.89M | USDT – 10.92M
📉 Sentiment: Weak bounce attempts, fading interest
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🔍 KEY LEVELS TO WATCH:
🔼 Resistance 1: $0.2100 – Short-term recovery ceiling
🔼 Resistance 2: $0.2247 – 24h high & trend rejection
🔽 Support 1: $0.1990 – Intraday support, vulnerable
🔽 Support 2: $0.1900 – Psychological & structural support
🔽 Support 3: $0.1800 – Bearish extension target
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💥 TRADE SETUP – SHORT POSITION
📌 Entry: $0.2000–$0.2020 (on weak retest)
🎯 Take Profit Targets:
TP1: $0.1930
TP2: $0.1870
TP3: $0.1800
🛑 Stop Loss: $0.2110 (above minor resistance)
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🛡️ RISK MANAGEMENT:
✅ Use strict 1–2% capital risk
✅ Exit partials at TP1 to reduce exposure
✅ Never enter mid-drop — wait for confirmation/retest
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🚨 SUMMARY: $RESOLV is flashing bearish signals after a failed breakout and strong rejection from $0.2247. A break below $0.1990 opens room for a slide toward $0.1800. Trade with caution! ⚠️📊
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