$RESOLV Signal】Pullback to Long + 1H Strong Consolidation, Waiting for Second Breakthrough



$RESOLV The 1H timeframe has experienced a massive rally and is currently in a healthy flag consolidation phase. The price is supported around 0.0855, and the 1-hour RSI has fallen from overbought territory to neutral, providing room for a second upward push. The 4H timeframe is even more bullish, with a giant bullish candle directly breaking through the long-term consolidation zone. The current price remains above the 4-hour EMA20, and the trend structure is intact. Open interest remains stable, indicating that funds have not exited, which is a typical feature of a strong correction. The order book shows balanced buy and sell depth, but buy orders are stacked around 0.0850 below, providing clear support.

🎯Direction: Long

⚡Entry/Order: 0.0830 - 0.0855 (suggested to enter in batches)

🛑Stop Loss: 0.0790

🚀Target 1: 0.0920

🚀Target 2: 0.0970

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Track the remaining position for take profit; if the price pulls back and falls below the 1-hour EMA20 (around 0.0867), exit all positions.

(Depth Logic: The core driving force is the 4-hour volume breakout, while the current 1-hour sideways consolidation is digesting the sharp rise, not indicating a trend reversal. Stable open interest suggests that the main players are still in the market, not just pushing up to sell off. The support zone around 0.0800-0.0830 is the first strong support after the breakout and also an optimized entry area. If the price can stabilize in this zone with increased volume, a second rally will begin, targeting the previous high near 0.097. )

Check real-time market 👇 $RESOLV

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