$RESOLV /USDT ā BEARISH REVERSAL SETUP š
Timeframe: 15M ā 1H
Market Structure:
RESOLV has printed a strong parabolic rally (+50%+) and is now showing exhaustion near the 0.115 supply zone. Price is consolidating at the top with weakened momentum, increasing the probability of a bearish pullback / reversal.
š“ Short Entry
0.110 ā 0.114 (retest of supply zone)
Aggressive entry on rejection below 0.108
š Stop Loss
0.118 (above recent high & invalidation)
šÆ Targets
TP1: 0.102
TP2: 0.095
TP3: 0.088
š Key Levels
Major Resistance: 0.112 ā 0.118
Minor Resistance: 0.108 ā 0.110
Support: 0.102
Major Support: 0.095 ā 0.088
Trade Plan:
As long as price stays below 0.115, bearish pressure remains valid. Book partial profits at TP1 and trail stop to breakeven.
