$RESOLV /USDT
RESOLVUSDT
Perp
0.07289
-0.81%
: The 4-hour chart shows a bearish trend, but the 1-hour chart shows a weak bounce above its EMA50 moving average. This is a classic bearish test. The reason for "why now" is the momentum: the 15-minute Relative Strength Index calms down from above 60. Watch for the 15-minute Relative Strength Index to drop below 50 as a signal for you. This indicates that the short-term bounce is failing, aligning with the larger bearish trend for a high-probability short entry.
Executable setup now (short)
Entry: market at 0.074632 – 0.075366
TP1: 0.072797
TP2: 0.072063
TP3: 0.070595
SL: 0.077201