$RESOLV makes a sharp rebound from the zone where the seller has completely exhausted initiative. A V-shaped recovery is forming — a model characteristic of a phase shift after capitulation.
An engulfing bullish candle has been recorded on the hourly chart at the highest volume in the last 24 hours. RSI(6) has recovered from 25 to 58 without delays, confirming the strength of momentum. The zone 0.0700 – 0.0730 coincides with the Fibonacci level 0.618 from the first wave of the rebound and EMA(7), which has turned upward. The shoulder 230x requires a flawless entry — the current range provides maximum liquidity density.
Entry: 0.0700 – 0.0730
Targets:
TP1: 0.0820
TP2: 0.0920
TP3: 0.1080
Stop-loss: 0.0645
A breakout of the level 0.0645 cancels the reversal structure and indicates a continuation of the downward movement.
The strongest signal is the price that does not return to the broken level.
What factor is more critical for you when entering with maximum leverage — the accuracy of touching the zone or the speed of price recovery?