$RESOLV Trading is not speculation; going against the trend will never yield good results. Learn to respect the market!
Key Indicator Analysis
1. Resistance/Support Levels:
- Resistance Level: 0.23743 (24h highest)
- Support Level: 0.12141 (24h lowest), 0.15435 (MA7)
2. Moving Average Arrangement:
MA7 (0.15435) > MA25 (0.14309) > MA99 (0.09346), bullish arrangement.
3. Overbought/Oversold:
RSI(6)=69.91, close to the overbought range.
4. Possibility of Rebound:
- Short-term: Intraday surge and fall, or rebound after a pullback;
- Medium to Long-term: Bullish moving averages + upward trend, higher probability of continuation of the rebound.
5. MACD Situation:
DIF(0.01130) > DEA(0.00739), MACD red bar, bullish signal.
6. Trading Volume:
24h trading volume 2.667 billion RESOLV, trading amount 462 million USDT, significant increase in volume.
Suggestions
- Short-term: Wait and see after a surge and fall, or light position and low absorption;
- Medium to Long-term: Lean bullish under a bullish trend.
(Content for reference only)