#RESOLVAlert $RESOLV
Here’s a long position trading strategy for RESOLV/USDT based on the chart and indicators shown in Chart.
📊 Current Summary (Daily Chart - 1D)
Current Price: $0.1526 (+8.30%)
24h High/Low: $0.1583 / $0.1403
RSI(14): 26.07 (Oversold)
MACD: Turning positive (MACD line: 0.0013 > Signal line: -0.0048)
Trend: Long downtrend, possible base forming around $0.13–$0.15
Volume: Significant (71.68M RESOLV traded)
🧠 Long Trade Strategy: Reversal Play
🟢 1. Entry Zone
Buy Range: $0.1450 – $0.1530
The coin is showing signs of forming a base around this range.
RSI(14) is in oversold territory → Possible bounce incoming.
MACD is close to a bullish crossover.
✅ Start scaling in near support at $0.1450 and average up if momentum confirms.
📈 2. Confirmation Triggers
Before adding more to your position:
MACD crossover confirmation (MACD > Signal line and histogram turns green)
RSI(14) > 30 (moving out of oversold zone)
Price closes above $0.1580 (24h high breakout)
🎯 3. Target Levels
Use resistance levels from the chart:
Target LevelPriceNotesTarget 1$0.1825First resistance zoneTarget 2$0.2481Mid-range resistanceTarget 3$0.3136Major resistance + swing high
🛡️ 4. Stop Loss
Set initial stop loss at $0.1350 (below recent low of $0.1318)
Keep risk under 5–10% of total trading capital
🔄 5. Risk Management
Use 25–50% of planned capital for initial entry
Add more only after confirmation
Do not overleverage; consider using spot for higher safety
📅 6. Timeline & Patience
This is a swing position — allow 3–10 days for the move to develop
Monitor volume: A price breakout with increased volume confirms strength.