$RESOLV /USDT – High-Volatility Pullback, Key Support in Focus ⚠️
Momentum Analysis
RESOLV saw a sharp sell-off (-19.33%) after failing to hold above the 0.1310 local high. Momentum is bearish short-term, but price is approaching a high-confluence demand zone where rebounds have previously formed. Volumes remain decent, suggesting active participation rather than dead liquidity.
Long Setup (Speculative Bounce Play)
Entry Zone: 0.0980 – 0.1030
Targets:
T1: 0.1147 (first supply / prior base)
T2: 0.1310 (range high)
T3: 0.1438 – 0.1476 (major resistance cluster)
Stop Loss: 0.0945 (clean break below demand invalidates the setup)
Breakout Confirmation Level
Bullish confirmation: Strong close above 0.1150 with volume expansion.
Key Support
Primary: 0.1000 – 0.0980
Last Defense: 0.0818 → loss here opens risk toward 0.0691 – 0.0653
Trading Data Snapshot
Price: 0.1031
24h High / Low: 0.1310 / 0.1001
24h Volume: 32.95M RESOLV | 3.86M USDT
Trend: Short-term bearish, mid-range corrective
Pro Tip for Traders
This is not a FOMO long. Wait for confirmation or a clean rejection from the 0.10 zone. Scale entries, keep stops tight, and don’t marry the trade—volatility is elevated.
#RESOLV #RESOLVUSDT #DeFi #CryptoTrading #Altcoins