$RESOLV has been holding a broader 1-hour range after the sharp volatility seen around the $0.0260 area, with price now pulling back toward $0.0204.
The immediate structure points toward another sweep into the marked demand zone around $0.0186 – $0.0190, where previous buyers have repeatedly stepped in. A deeper retracement into this area would provide the key test for whether the recent recovery can continue.
If buyers defend the demand zone, the roadmap favors a rebound through the $0.0220 area, followed by a potential expansion toward the major supply zone around $0.0240 – $0.0270.
A clean break below $0.0186 would weaken the bullish structure and open the door to further downside.
#Resolv
The immediate structure points toward another sweep into the marked demand zone around $0.0186 – $0.0190, where previous buyers have repeatedly stepped in. A deeper retracement into this area would provide the key test for whether the recent recovery can continue.
If buyers defend the demand zone, the roadmap favors a rebound through the $0.0220 area, followed by a potential expansion toward the major supply zone around $0.0240 – $0.0270.
A clean break below $0.0186 would weaken the bullish structure and open the door to further downside.
#Resolv
