$RESOLV USDT: The 4-hour chart is stuck in a range, but the trend on the 1-hour is bullish (EMA50 > EMA200). This creates a perfect selling opportunity on a breakout failure. The 15-minute Relative Strength Index is weak at 44.28 and is retreating below 50. Watch for rejection at the high point on the 1-hour near 0.080756. Breaking below EMA50 on the 1-hour near 0.08033 is your trigger. Momentum is fading now, providing a high-probability entry before the larger range reverts back down towards the first target.
Actionable setup now (short)
Entry: market at 0.079904 – 0.080756
TP1: 0.077772
TP2: 0.07692
TP3: 0.075215
0.082888: Stop loss
RESOLV
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