$RESOLV — Bearish Continuation, Bears Preparing for the Next Leg Down!
Short
$RESOLV • Entry: 0.03380 – 0.03400
• Stop Loss: 0.03480
Targets:
• TP1: 0.03250
• TP2: 0.03100
• TP3: 0.02950
RESOLV is showing classic bearish continuation on the 1H chart. After a violent drop from the 0.04195 zone, price failed to reclaim the 0.03717 resistance and has continued printing lower highs and lower lows. The recent bounce attempt was rejected hard, and now price is hovering just above the 24H low at 0.03343, with sellers still firmly in control.
This pullback is not showing real strength yet. Instead, it looks like a weak recovery inside a broader downtrend, with every bounce getting sold into. As long as 0.03717 remains resistance and price stays below the minor swing high, the bearish bias remains intact. A break and close below 0.03343 could trigger the next liquidity sweep and extend the move lower.
This is a clean high-conviction short setup with solid risk-to-reward. Manage risk strictly and watch for rejection near the entry zone.
Trade
$RESOLV here 👇🏻
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