🚀 $RESOLV – LONG Setup (1W)

Current Price: 0.065

Timeframe: Weekly

After a prolonged downtrend from 0.41 → 0.019, price appears to be stabilizing and forming a potential accumulation base around the 0.05–0.06 zone.

RSI is no longer oversold and structure suggests compression before expansion.

⸻

📊 Market Structure

• Strong historical bounce from 0.019 macro low

• Sideways accumulation between 0.05 – 0.08

• RSI(6/12/24) stabilizing around 40 (bear momentum weakening)

• Volume drying up = volatility compression phase

This looks like a base-building structure after heavy distribution.

⸻

🎯 LONG Trade Plan

🔹 Entry Zone: 0.060 – 0.066

🔹 Stop Loss: 0.049 (below range support)

Take Profit Targets:

• TP1: 0.085

• TP2: 0.115

• TP3: 0.170

• TP4 (swing target): 0.25

Risk/Reward ≈ 1:3 – 1:5 depending on target selection.

⸻

🧠 Why Long?

• Weekly selling pressure fading

• RSI reset from oversold levels

• Accumulation range after 80%+ correction

• Compression → expansion setup

When volatility contracts, expansion usually follows.

⸻

📌 Position Strategy

✔ Already holding near bottom?

Take partial at TP1 and trail stop to breakeven.

✔ New entry?

Wait for slight pullback to 0.060 area for better R:R. Avoid chasing green weekly candle.

⸻

⚠️ Invalidation: Weekly close below 0.049.

Manage risk. Protect capital first.

#RESOLV #CryptoTrading #LongSetup #Futures #RiskManagement

RESOLVUSDT

Löpande

0.06507

+4.85%