Good afternoon,
The RESOLV/USDT pair shows recovery signals in the very short term after stabilizing at 0.0204 USDT, managing to reverse the previous bearish pressure.
Chart key points
Bounce from the low: The price reacted positively after touching the daily low of 0.0195 USDT, moving away from the danger zone.
Moving average crossover: The yellow price line broke upward above the moving average (gray line), which is now beginning to slope upward as support.
Double-bottom structure: A double-bottom formation is visible at the bottom, pushing the current price toward the upper area of the local range.
Reduced selling pressure: The decreasing volume bars in the last candles suggest that selling is running out, allowing for stabilization.
$RESOLV
#BinanceSquareFamily #PublicayGana #white2Earn
The RESOLV/USDT pair shows recovery signals in the very short term after stabilizing at 0.0204 USDT, managing to reverse the previous bearish pressure.
Chart key points
Bounce from the low: The price reacted positively after touching the daily low of 0.0195 USDT, moving away from the danger zone.
Moving average crossover: The yellow price line broke upward above the moving average (gray line), which is now beginning to slope upward as support.
Double-bottom structure: A double-bottom formation is visible at the bottom, pushing the current price toward the upper area of the local range.
Reduced selling pressure: The decreasing volume bars in the last candles suggest that selling is running out, allowing for stabilization.
$RESOLV
#BinanceSquareFamily #PublicayGana #white2Earn