$RESOLV Sorry for the late post.
RESOLVUSDT – 1H SHORT SETUP
After a strong bullish impulse, the price shows signs of exhaustion. The rejection from the 0.115 resistance formed a lower high, and price is now consolidating below short-term EMAs.
This structure suggests a distribution phase with a potential bearish continuation / retracement.
Technical confirmations:
Price trading below EMA 10 & EMA 20
RSI weakening, not yet oversold → more downside room
MACD turning bearish, red histogram expanding
Stochastic RSI near lower zone, momentum still weak
Trading Plan
Entry (Short):
0.09900 – 0.10200
Stop Loss:
0.10500
Take Profit:
TP1: 0.09000
TP2: 0.08500
Risk–reward remains favorable, with a clear invalidation if price reclaims the upper range.
Not financial advice. Always wait for confirmation and apply proper risk management.
#TechnicalAnalysis #RESOLVAnalysis #ShortSetups #tradingplan #RiskManagement
