$RESOLV One hour surge 5.6x in volume, but the price fell from 0.02075 to 0.02034, down 1.98%——the volume was smashed out, but the price wasn’t picked up!
In the past 24h it’s still up 10.604%; the latest 0.02034 is still some distance from the 24h high of 0.02148. The buy/sell ratio is 0.856 overall, 0.923 over the last 15 minutes, and sell-side order absorption is leading. Position value is 2,549,476; over the last 1 hour it decreased by 3.09%. With price down and positions cut, it looks more like longs are exiting. Fees are +0.005%, and longs aren’t crowded.
A sell-off on heavy volume, accompanied by position reduction—chasing highs doesn’t offer good value. Only when price reclaims the level above 0.02075 from one hour ago, and the buy/sell ratio returns to above 1, can this be considered repaired; if it breaks below the 24h low of 0.01834, this pullback still isn’t over.
#RESOLV
In the past 24h it’s still up 10.604%; the latest 0.02034 is still some distance from the 24h high of 0.02148. The buy/sell ratio is 0.856 overall, 0.923 over the last 15 minutes, and sell-side order absorption is leading. Position value is 2,549,476; over the last 1 hour it decreased by 3.09%. With price down and positions cut, it looks more like longs are exiting. Fees are +0.005%, and longs aren’t crowded.
A sell-off on heavy volume, accompanied by position reduction—chasing highs doesn’t offer good value. Only when price reclaims the level above 0.02075 from one hour ago, and the buy/sell ratio returns to above 1, can this be considered repaired; if it breaks below the 24h low of 0.01834, this pullback still isn’t over.
#RESOLV
