$RESOLV IS SHOWING A CLEAN REJECTION AT THE LOCAL RESISTANCE ZONE 📉
Entry: 0.0207–0.0212 🔥
Target: 0.0195 🚀
Target: 0.0185 🚀
Target: 0.0170 🚀
Stop Loss: 0.0228 ⚠️
The price action on $RESOLV is struggling to flip the 0.0212 level, and the recent lower highs suggest the sellers are starting to lean into the bid. We are seeing a clear breakdown in momentum on the hourly timeframe, making this a high-conviction short setup if the current range fails to hold.
The risk-to-reward ratio looks solid here given how quickly the liquidity thins out below 0.0200. Do you see this retesting the lows or is there still enough support to hold the line?
Not financial advice. Always manage your risk.
#RESOLV #ShortSetup #TradingStrategy #Crypto
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