Here is your professional technical analysis post for the provided RESOLVUSDT chart:
$RESOLV USDT BEARISH BREAKDOWN ā SELLERS DOMINATE AFTER FAILED SPIKE š»
RESOLV showed a sudden spike to $0.1750 but faced an immediate strong rejection, crashing down to $0.1409 before stabilising near $0.1542. This rapid rejection indicates aggressive selling pressure, hinting at potential continuation downwards if support fails.
š» Trade Setup (Short):
Entry Zone: $0.1540 ā $0.1560
Take Profit (TP): $0.1500 / $0.1460 / $0.1410
Stop Loss (SL): $0.1600
š Market Outlook:
The market shows heavy bearish dominance after the sharp wick rejection. If price fails to reclaim above $0.1600, further downside is expected as sellers continue to control the momentum.
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buy and trade here on $RESOLV
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