$RESOLV USDT – BEARISH REVERSAL AFTER LOCAL TOP AT $0.2009!

WICK REJECTION + LOWER HIGH CONFIRMATION – SHORT-TERM WEAKNESS IN PLAY

$RESOLV surged to a high of $0.2009 but quickly faced selling pressure, forming a strong upper wick and red candle on the 4H chart. The failed attempt to hold above $0.19 signals a potential reversal from overbought territory.

Key bearish indicators:

Clear rejection from psychological resistance at $0.20

Lower high forming with follow-through sell candles

Volume decreasing during recovery attempt – sign of weakening buyer strength

SHORT SETUP:

Entry: $0.1850–$0.1870

Targets: $0.1750 and $0.1650

Stop Loss: $0.1925

If RESOLV continues below $0.1800 with volume, expect increased downward momentum in the short term.

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