$RESOLV /USDT and seem to be thinking about going long. Let’s break down the data you shared and analyze it carefully.
Key Stats from Your Snapshot:
Current Price: $0.1281 – up +26.46% in 24h (huge spike!)
24h High: $0.1350
24h Low: $0.0970
24h Volume (RESOLV): 35.85M
24h Volume (USDT): 3.98M
Observations:
Price Spike: A 26% gain in a single day is strong momentum. That could indicate a pump, positive news, or a DeFi-related hype event.
Volatility: The price swung from $0.097 to $0.135 – that’s a ~39% range. High volatility can be profitable for short-term trades but also risky.
Volume: 35.85M RESOLV is solid, showing people are actively trading. Volume confirms the price movement is supported by activity, not just thin trades.
Support/Resistance:
Support: Around $0.097–$0.100 (24h low)
Resistance: Around $0.135 (24h high)
Analysis for a Long Position:
Bullish Signs: Price is above recent lows, momentum is strong, and high volume supports upward moves.
Risk Factors: After a 26% pump, there’s a chance of a pullback to test support (~$0.11–$0.12). Jumping in at the top of a#ScrollCoFounderXAccountHacked #ScrollCoFounderXAccountHacked