$RESOLV
USDT BEARISH SETUP โ SIDEWAYS TURNING INTO BREAKDOWN? ๐จ๐ด
The market shows a choppy sideways structure with multiple failed attempts to reclaim highs, indicating weakness. Sellers seem to gain control after repeated rejections near resistance.
๐ Key Levels:
Resistance: 0.1600 โ 0.1650
Current Price: 0.1552
Support: 0.1500 โ 0.1450
๐ Trade Setup (Short):
Entry Zone: 0.1550 โ 0.1560
Take Profit (TP): 0.1500, 0.1450
Stop Loss (SL): 0.1605
๐ก Market Outlook: $RESOLVUSDT is consolidating but recent candle structures and high volume wicks suggest a potential breakdown below 0.1500 support, aiming towards 0.1450 if momentum sustains. Bears remain favoured unless it breaks and closes above 0.1600.
โ ๏ธ Risk Management: Trade with strict SL and never risk more than 1-2% of your portfolio per position to survive unpredictable moves.
#resolvusdt #crypto #binance #tradingstrategyn #technicalanalysis
๐ฅ Comment ๐จ if you see a bearish breakdown coming soon! ๐
buy and trade here on $RESOLV