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$RESOLV (1h) - Pullback Short
Bias: Short
Entry (Zone): 0.0248 - 0.0256
Targets:
TP1: 0.0234
TP2: 0.0220
TP3: 0.0205
Stop Loss: 0.0270
Why this Setup:
I’m looking for a short after the sharp vertical move into resistance, since price has stretched fast and is now starting to cool off below the spike high. I want a retrace into the recent range to catch a move back toward the breakout base and prior consolidation levels.