$RESOLV Breakout or Fakeout? Key Reversal Zone in Play!
$RESOLV has bounced back sharply after a sudden dip, reclaiming key levels. The next breakout could be decisive — either continuation or a trap for late buyers.
Key Price Levels to Watch:
• Resistance Zone: $0.2180 – $0.2215
• Support Zone: $0.2100 – Holding this keeps bulls in control.
Trade Setup – Get Positioned Before the Next Big Move!
Bullish Entry: Above $0.2215
• Target 1: $0.2260 (local breakout level)
• Target 2: $0.2320 (extension resistance)
• Stop-Loss: Below $0.2100
Bearish Entry: Below $0.2100
• Target 1: $0.2030 (recent wick support)
• Target 2: $0.1950 (volume gap zone)
• Stop-Loss: Above $0.2215
RESOLV is printing a recovery wick after a strong rejection. This signals high volatility and indecision. A breakout above resistance could trigger aggressive buys, but a failed move risks a deeper flush. Volume confirmation is critical — stay alert!