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$RESOLV RESOLVUSDT (1h) - Short Rejection
Bias: Short
Entry (Zone): 0.0238 - 0.0243
Targets:
TP1: 0.0224
TP2: 0.0212
TP3: 0.0200
Stop Loss: 0.0262
Why this Setup:
I’m looking for a short after the sharp impulse into resistance, since price has already rejected the upper wick area and is starting to lose momentum. I want to sell into any bounce back toward the 0.0240 zone and target a retrace into the prior breakout support below.