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【$RESOLV Signal】Long + 1H MACD bullish expansion, negative funding rate short squeeze momentum
$RESOLV The 1H MACD histogram continues to widen, with active bullish volume accumulation. The 4H Bollinger upper band at 0.0266 forms resistance, but the price is running along the upper band with strong buying support. Funding rate is -0.0438%, high cost for shorts. OI remains stable, shorts have not exited, and short squeeze conditions are gradually maturing. Order book Bid/Ask depth ratio is 1.32, with dense buy orders below and thick pending orders around 0.0247, selling pressure is quickly absorbed. 1H RSI at 68.97, not overbought, still has momentum left.
🎯Direction: Long
⚡Entry/Pending Order: 0.0246857 - 0.0247600
🛑Stop Loss: 0.0245124
🚀Target 1: 0.0251314
🚀Target 2: 0.0253171
🛡️Trade Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move stop loss to breakeven. If price falls back to entry level, exit automatically to protect capital.
Observe the 1H volume change. The current single candlestick volume has increased to 120 million, with clear intention of active capital pushing up. If the subsequent pullback does not break support at 0.0245, the bullish defense can be considered solid. Risk-reward ratio is 1.5, acceptable for short-term trading.
Check real-time quotes 👇 $RESOLV
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