๐จ $RESOLV โ Heavy Drop, Weak Recovery (Short Setup)
Trade Signal (Day Trade) โ SHORT Setup
Entry 1: 0.14150
Entry 2: 0.14780
TP1: 0.13320
TP2: 0.12540
TP3: 0.11680
SL: 0.15250
Leverage: 20xโ40x
Margin: 2โ5%
Open Future Trade๐๐ป
Spot Summary:
Spot buying is not recommended at this stage. The move is heavily extended to the downside with a weak bounce. Better to wait for deeper stabilization before considering accumulation.
Spot Sell Targets (for holders):
0.15850 โข 0.16570 โข 0.17380 โข 0.18140 โข 0.19520
Why This Trade:
$RESOLV collapsed rapidly from around $0.233 to a low of $0.110, showing strong bearish pressure. The price is now hovering near $0.140โ$0.145, but the bounce looks weak and is struggling to push above resistance. Despite a small recovery attempt, candles are losing strength and volume is declining compared to the sell-off, which suggests sellers remain dominant. In the next 24 hours, $RESOLV may try to retest $0.145โ$0.150, but if it fails to hold above these levels, another drop back toward $0.130โ$0.115 is likely. The trend is still bearish, and continuation lower is probable unless buyers take control.
Always use proper risk management, place your stop-loss, and move SL to entry once price moves in your favour. Protect your capital first, profit second. If youโre not following Token Talk, youโre honestly making a mistake โ more accurate signals and market updates are coming.