🚨 $RESOLV
Bearish Volatile
1h chart shows a classic "dead cat bounce" pattern after the dramatic 20% drop from 0.077 high.
Recent price action between 0.063-0.066 forms a descending triangle with diminishing volume, suggesting breakdown potential.
The long wicks on recent candles indicate rejection at higher levels.
Capital Flows: Consistent net outflows across multiple timeframes (-3.1M USDT 24h), particularly concerning are the -617K (12h) and -29K (6h) outflows, confirming money leaving the market.
Entry short $RESOLV : 0.0642-0.0648 USDT (on retest of broken support as resistance)
Stop Loss: 0.067 USDT (3.5% above entry, just above resistance)
Target $RESOLV : 0.061 or lower
Support me just Trade here👇
RESOLVUSDT
Perp
0.06194
-5.68%