$RESOLV Long Liquidation: $4.0951K at $0.07237
Long traders were caught as RESOLV failed to hold above its short-term support and reversed sharply lower. Buyers expected continuation, but selling pressure stepped in aggressively, triggering stop losses and forcing longs to exit. Liquidity below the range was taken cleanly, showing sellers regained short-term control.
Entry (EP): $0.07340
Take Profit (TP): $0.06880
Stop Loss (SL): $0.07520
Market Outlook:
$RESOLV is under short-term bearish pressure after losing the liquidation level. If price remains below this zone, further downside or choppy consolidation is likely. Bulls will need a strong reclaim with volume to shift momentum back upward. Trade patiently and manage risk with strict discipline.
