$RESOLV just saw a short liquidation of $4.0878K at $0.07851. This pullback is healthy, helping the market absorb recent volatility and clear weak short positions. I’m watching this zone closely because it could act as a solid base for buyers to step in.

Trade Setup:

Entry Zone: $0.0778–$0.0788

Target 1: $0.081

Target 2: $0.083

Stop Loss: $0.0765

This zone is strong as it aligns with previous support from late November and sits near the 0.618 Fibonacci retracement of the last decline. The reaction here has been firm, and if this level holds, they’re building strength for the next upward move.