$RESOLV /USDT – Short-Term Price Action Update
Timeframe: 1H
Current Price: ~0.0790
🔍 Market Structure
RESOLV is showing a short-term bullish structure with higher highs and higher lows after bouncing from the ~0.075–0.076 demand zone. However, price is now pulling back after rejecting the 0.080–0.081 resistance, indicating a possible consolidation or corrective move
📌 Key Levels
Resistance:
0.0805 – 0.0820 (local top & rejection zone)
Support:
0.0780 – 0.0775 (minor intraday support)
0.0755 – 0.0760 (major demand / structure support)
📉 Scenario 1: Bearish Pullback (Preferred Short-Term)
Rejection from 0.080–0.081 suggests profit-taking
A move toward 0.078 → 0.076 is possible if support fails
This would still be healthy within the broader structure
Targets:
0.0780
0.0760
📈 Scenario 2: Bullish Continuation
Holding above 0.0780 and reclaiming 0.0805 with volume
Clean break and close above resistance opens upside
Upside Targets:
0.0830
0.0850
🧠 Outlook
Bias remains neutral to slightly bullish, but price is currently at a decision zone. Best entries come either:
On a pullback into support, or
After a confirmed breakout above 0.081
Patience here is key — avoid chasing in the middle of the range.
