$RESOLV Breakout Watch – Will the Bulls Reclaim Momentum?
$RESOLV is currently trading at $0.1552, rebounding strongly after a sharp wick down. Price action is consolidating just below resistance, signaling a potential breakout or pullback setup.
Key Levels to Watch:
• Resistance Zone: $0.1555 – $0.1565
• Support Zone: $0.1530 – $0.1520
Bullish Scenario:
If price breaks above $0.1565 with volume, we could see targets of:
• Target 1: $0.1580
• Target 2: $0.1600
Bearish Scenario:
A rejection and close below $0.1530 could send the price down toward:
• Target 1: $0.1510
• Target 2: $0.1490
Market Bias: Currently leaning bullish after reclaiming $0.1550, but confirmation is needed. Watch for breakout volume and candle close above resistance for entry.