đ $RESOLV Brutal Dump or Bounce Zone?
$RESOLV crashed over -21%, plunging from $0.4299 to $0.2907 a sharp technical correction. But signs of stabilization are emerging near $0.2990.
đ Current Snapshot:
âą Price: $0.2995
âą Range: $0.2907 â $0.4119 (24H)
âą Volume: $142M (heavy sell-side flow)
đ Market Insight:
After an explosive rally, the sharp pullback has two clear outcomes:
1ïžâŁ Relief bounce toward $0.33â$0.35
2ïžâŁ Further breakdown if $0.29 fails to hold
Traders should watch the next 4H candle â a bullish hammer or engulfing near this zone could trigger a quick reversal.
đĄ Scalp Setup Zone:
This $0.2990 base could offer risk-reward potential, but only for aggressive scalpers using tight SLs.
â ïž No confirmation = no entry. Let the chart guide the next move on $RESOLV