$RESOLV — Ready to Resolve the Downtrend?
Price has finally started showing signs of recovery after losing the MA200 on the daily timeframe and spending weeks in a downtrend.
📌 The key here is maintaining this recovery structure. Price is currently holding above the MA25 on the 4H chart, while strong horizontal support sits around the 0.019 zone.
📌 As long as price remains above the 0.017–0.018 support area, the bullish continuation structure stays intact.
🎯 Key Levels to Watch:
•Structure Support: 0.017 - 0.018
• Strong Support: 0.019
• Near Targets: 0.020 - 0.023
If momentum continues and buyers defend current levels, extended targets could reach: 0.027 - 0.030 later eyes on 0.040 - 0.060
The #Resolv recovery has started. Now the market needs to prove it can hold these levels and build volume for the next leg higher. 👀
Price has finally started showing signs of recovery after losing the MA200 on the daily timeframe and spending weeks in a downtrend.
📌 The key here is maintaining this recovery structure. Price is currently holding above the MA25 on the 4H chart, while strong horizontal support sits around the 0.019 zone.
📌 As long as price remains above the 0.017–0.018 support area, the bullish continuation structure stays intact.
🎯 Key Levels to Watch:
•Structure Support: 0.017 - 0.018
• Strong Support: 0.019
• Near Targets: 0.020 - 0.023
If momentum continues and buyers defend current levels, extended targets could reach: 0.027 - 0.030 later eyes on 0.040 - 0.060
The #Resolv recovery has started. Now the market needs to prove it can hold these levels and build volume for the next leg higher. 👀
