$RESOLV USDT – SHORT TRADE SIGNAL🔴
Strong rejection from $0.1755 after rapid spike ⚠️
Overextended move meets resistance near EMA cluster 🧱
RESOLV spiked from $0.1659 to $0.1755 but quickly faced heavy selling pressure near the EMA(99) zone. The wick rejection and red candle suggest a potential reversal or at least a pullback toward the support zone around $0.1690–$0.1710. A lower high here would confirm bearish bias in the short term.
Trade Setup:
• Entry Point: $0.1725 – $0.1735
• Stop Loss: $0.1758
• Take Profit: $0.1694 / $0.1660
• Margin: 2–3% of wallet
• Leverage: 10x
Market Outlook: Short-term rejection at highs signals exhaustion. If price fails to reclaim $0.1755, bears could gain control for a deeper retracement. 🔻📉
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