$RESOLV /USDT – BULLISH PULLBACK IN PROGRESS, NEXT LEG UP EXPECTED
Price recently made a strong impulsive move and is now undergoing a healthy corrective pullback after rejecting local resistance. This retracement is happening into a prior demand zone, suggesting the move is corrective rather than a full trend reversal. As long as buyers defend this area, the market is likely preparing for the next bullish continuation leg.
📊 Trade Setup (LONG)
Entry Zone:
0.0740 – 0.0760
Targets:
TP1: 0.0790
TP2: 0.0823
TP3: 0.0850
Stop Loss:
Below 0.0715
Structure remains bullish on the higher timeframe, with the current move acting as a pullback into demand. Holding above support keeps the bullish scenario intact. A clean bounce from this zone can lead to a continuation toward previous highs, while a breakdown below demand would invalidate this setup and shift momentum bearish short-term.
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buy and trade here on $RESOLV
