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📉 $RESOLV SHORTS in the spotlight after breaking 4-hour support ⚡
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📌 Technical Setup:
· Entry: 0.01975 🔥
· Target: 0.01806 🚀
· Stop Loss: 0.02111 ⚠️
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🔍 Analysis:
Breaking the 4-hour framework structure below support 0.01975, and with it turning into resistance – a perfect short setup is forming.
· RSI (15 min): 34.92 – Oversold zone, but insufficient to reverse the daily bearish trend.
· ATR: 0.000565 – Low, giving the breakout room to extend toward the target at 0.01806 (a drop of ~8.5%).
· Volume and Momentum: Still in favor of the downside.
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❓ Question for traders:
Did you enter with the downtrend (futures) or are you waiting for a retracement to re-enter?
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⚠️ Disclaimer: This is technical analysis, not financial advice. Manage your capital wisely.
#RESOLV #ShortSetup #Breakdown #Bearish #DEFİ