$RESOLV looks weak but volatility lovers might find opportunity here 👀📉
Trade Setup:
$RESOLV /USDT (Perp)
The chart shows a clear bearish continuation on the 4H timeframe, supported by declining volume spikes and a negative MACD crossover.
Entry Range: $0.0562 - $0.0555
Target 1 (TP1): $0.0540
Target 2 (TP2): $0.0525
Target 3 (TP3): $0.0508
Stop Loss (SL): $0.0578
The Logic:
$RESOLV has failed to hold above the $0.058 resistance zone and faced strong rejection with consecutive bearish candles. The MACD is trending below the signal line, indicating growing selling pressure. We are expecting further downside continuation towards lower support zones if weakness persists.
#Resolv #AAVE #mln