🚀 RESOLV: EXPLOSION OF 518% IN VOLUME! IS IT THE PEAK OR WILL IT REACH $0.10? 📈
RESOLV has just revved up its engines and the community is in a frenzy! After a surge of +20% in the last few hours, the volume in the spot market skyrocketed an unbelievable 518%. But be careful: the indicators are screaming! ⚠️
🔍 What does the chart tell us?
The price broke through the Moving Averages (7, 25, 99) with a brutal buying force, but the RSI reached extreme overbought levels (RSI6 at 82.02).
Historically, when the price exits the Upper Bollinger Band like now, a short-term correction to "breathe" is imminent.
The strategy is clear: Do not chase the green candle. Wait for the retest at support to enter safely.
🎯 Trade Plan (RESOLV/USDT)
Target Entry (Pullback): $0.0880 - $0.0910 (Retest zone)
Target 1 (Gain): $0.1005 (Previous peak)
Target 2 (Gain): $0.1150 (Fibonacci Expansion)
Stop Loss: $0.0810 (Below volume support)
📌 Key Support: $0.0880
📌 Psychological Resistance: $0.1000
⚠️ ALERT: The concentration of whales is at 0.38. This means that few entities can move the price quickly. Trade with caution and always use a Stop!
And you, have you secured your profit or are you waiting for $0.10?
Comment down below! 👇
#Resolv #CryptoAnalysis" #BinanceSquare #tradingtips #altcoins
