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$RESOLV Market Outlook: Bearish & Volatile
$RESOLV remains under strong bearish pressure, with recent price action confirming weakness rather than recovery. On the 1H timeframe, the move following the sharp ~20% decline from the 0.077 high resembles a classic dead cat bounce, indicating a temporary reaction rather than a trend reversal.
Price is currently compressing between 0.063 – 0.066, forming a descending triangle accompanied by declining volume. This structure typically precedes a continuation to the downside, especially within an established bearish trend.
Key Technical Signals:
Multiple candles with long upper wicks, signaling repeated rejection at higher levels.
Diminishing volume during consolidation, suggesting buyer exhaustion.
Market structure continues to print lower highs, reinforcing downside bias.
Capital Flow Analysis:
Persistent net outflows across multiple timeframes, with -3.1M USDT over 24h.
Notable outflows on lower timeframes (-617K over 12h, -29K over 6h) confirm sustained capital exit and lack of dip-buying interest.
Trade Setup – Short
$RESOLV Entry: 0.0642 – 0.0648 USDT (retest of prior support acting as resistance)
Stop Loss: 0.067 USDT (above key resistance, ~3.5% risk)
Target: 0.061 USDT or lower
Overall, structure and capital flow alignment favor continuation to the downside unless price reclaims resistance with strong volume.
📉 Trade with discipline. Protect capital.
#RESOLV #RESOLVUSDT