$RESOLV /USDT - Bullish Pullback Confirmed
Market Structure Analysis
$RESOLV has successfully rebounded from the
$0.1725 support zone, forming consecutive bullish candles that confirm a short-term trend reversal. The recovery from oversold conditions suggests increasing buying pressure, with potential for further upside if momentum sustains.
Trade Setup (Long Position)
🎯 Optimal Entry Zone: $0.1770 – $0.1780 (Pullback confirmation area)
✅ Take-Profit Targets:
- TP1: $0.1820 (Immediate resistance)
- TP2: $0.1860 (Key swing high & breakout target)
❌ Stop Loss: $0.1720 (Below recent low for protection)
⚠️ Warning: Overall market sentiment remains volatile. Trade with caution and strict risk controls.
📌 Pro Tip: Wait for a 4H candle close above $0.1780 with volume confirmation for highest probability entry.
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