$RESOLV Holding Strength, Continuation Favored
RESOLV is behaving exactly how strong assets do after a push higher. The pullback found a clean demand zone, and instead of rolling over, price is holding firm with no sign of aggressive selling.
Candles are compressing, which usually signals absorption rather than distribution. Sellers aren’t getting follow-through, and momentum is slowly rebuilding beneath the surface. This kind of base often precedes the next leg higher.
Long Trade Setup
Entry Zone: 0.0965 0.0980
Stop Loss: 0.093
Targets:
TP1: 0.102 initial continuation level
TP2: 0.108 extension target
As long as this base holds, the structure favors continuation over breakdown. No need to chase strength let price confirm and reward patience.
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