#resistanceretest
resistanceretest
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SHORT $RESOLV AT THE RESISTANCE ZONE FROM BROKEN SUPPORT 🔴
Entry: 0.01970-0.01980 🔥
Target: 0.01873 🚀
Stop Loss: 0.02111 ⚠️
This zone between 0.01970 and 0.01980 is the old support that just flipped resistance on the 4H. Price is retesting it right now and the bearish momentum is still strong despite the 15M RSI being oversold. That oversold condition could cause a quick bounce but the bigger picture remains short.
Volume is picking up on the sell side and the market is giving us a clean retest. Are you shorting this retest or waiting for a confirmation candle?
Not financial advice. Always manage your risk.
#RESOLV #ShortSetup #Bearish #ResistanceRetest #Crypto
🔥
Entry: 0.01970-0.01980 🔥
Target: 0.01873 🚀
Stop Loss: 0.02111 ⚠️
This zone between 0.01970 and 0.01980 is the old support that just flipped resistance on the 4H. Price is retesting it right now and the bearish momentum is still strong despite the 15M RSI being oversold. That oversold condition could cause a quick bounce but the bigger picture remains short.
Volume is picking up on the sell side and the market is giving us a clean retest. Are you shorting this retest or waiting for a confirmation candle?
Not financial advice. Always manage your risk.
#RESOLV #ShortSetup #Bearish #ResistanceRetest #Crypto
🔥
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