The smart money is quietly positioning for a major move in (
$RESOLV ) while most retail traders are staring at the sideways action of the majors. Don't let this consolidation fool you; the spring is being coiled for a significant expansion.
$RESOLV – LONG 🚀
🎯 Trade Plan:
Entry: $0.04125 – $0.04250
SL: $0.03850
TP1: $0.04630
TP2: $0.04950
TP3: $0.05400
🔥 Why this setup?
Market Structure: The 1H chart has officially flipped bullish with a confirmed green SuperTrend support at $0.04123, signaling a local trend reversal.
RSI / Momentum: RSI(6) has cooled off to 44.62 after the recent peak, reset perfectly for the next leg higher without being overextended.
Liquidity: Having just successfully retested the breakout zone, price is now holding firmly above the previous 24h low of $0.03941, indicating strong buyer absorption.
The Debate:
Are we looking at a genuine recovery rally to reclaim previous highs, or is this just a dead cat bounce before lower levels? 🧐
Click here to Trade 👇
#Resolv #cryptotrading #BinanceSquare $STG $C