🚨 FOCUS UP — $RESOLV SETUP
📉 $RESOLV SHORT SETUP
Entry Zone: $0.0924 – $0.0994
(Sell strength into resistance)
TP1: $0.0863
TP2: $0.0825
TP3: $0.0794
SL: $0.1084 (strict)
Timeframe: Intraday → few days (1H structure)
RESOLV has had a very sharp move and is now overstretched on the 1H chart. Trend is still up overall, but short-term momentum looks too hot, which makes this a fade-the-strength short, not a chase-long.
🧠 Why I’m Short Here
• +38% move in 24h → stretched leg
• RSI overheated (RSI14 ~81, RSI7 >84)
• Price extended well above pivot and recent range
• MACD still bullish, but often late-stage after vertical moves
• $0.0924–$0.0994 = Fibonacci extension zone where profit-taking usually starts
This is not a trend reversal call — just a mean-reversion pullback after a fast pump.
⚠️ Invalidation / When I Step Aside
• If price holds above $0.0994 with volume, short loses edge
• Acceptance above $0.1084 = breakout → short idea invalid
Above that, market may aim $0.108 – $0.118 instead of pulling back.
Summary
Trend is up, but short-term is overheated.
Best play is shorting strength, targeting a reset into prior support.
Trade levels. Respect the stop. Let the market decide. 📉💰

