A rally driven by a wave of sentiment ultimately can’t be sustained. After the hype cools off, the price begins a pullback channel.


$RESOLV gained 110.56% in returns, while buy-side momentum gradually weakened, and a downward trend slowly began to emerge.

Positioning short orders at the high of 0.01996; the small rebound in the middle is only a temporary consolidation and repair.
The price falls to 0.01906, and the premium created by the earlier spike is being digested little by little.

After a round of sustained declines, the lower support range is getting closer and closer, and the room to keep dipping is already limited.
There’s no need to keep taking risks to bet on the remaining moves—take profit in a timely manner and hold on to the gains you’ve already secured.
$ETH $BTC #SEC推进美股24小时交易
RESOLV-3.52%
ETH-2.29%
BTC-1.10%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned