Resolv (RESOLV): The Recovery Struggle
Current Price: $0.0377 (-7.3%)
RESOLV is the biggest loser on this list, still reeling from the $23M exploit on March 22. While the team has begun burning illicit tokens and enabling redemptions, confidence is shattered. The price has broken below the $0.04 psychological support.
The market outlook remains bearish until the protocol can prove its "bad debt" is fully covered. A retest of $0.03 is likely if the current $0.035 support fails.
Trading Signal:
Type: Avoid / Short on Rallies
Entry (Short): $0.041
Target: $0.031
Stop Loss: $0.045
Confidence: High. Fundamental damage takes time to heal.
RESOLVUSDT
Perp
0.03811
-2.13%