đ $RESOLV Breakout Trade Plan
đ Key Levels (Approx. Market-Derived)
âą Resistance (Breakout Trigger): ~$0.1289 â key recent resistance level. ïżŒ
âą Support (Stop-Loss Reference): ~$0.085-$0.091 â recent support cluster on dips. ïżŒ
âą Target Zones:
â TP1: $0.1472 (next resistance) ïżŒ
â TP2: $0.1797 (extension) ïżŒ
âž»
đ§ Trade Rules
Entry â Breakout Long
âą Enter on clean close above resistance at ~$0.1289, ideally with higher volume confirming breakout.
Stop-Loss
âą Place below the support zone: ~$0.085-$0.091 to manage downside risk.
Profit Targets
âą TP1: ~$0.1472
âą TP2: ~$0.1797
âž»
đ Indicators to Watch
âą Momentum & Trend: MACD bullish cross + rising RSI improves breakout odds. ïżŒ
âą Overbought Watch: RSI near overbought can signal upcoming pullback before continuation. ïżŒ
âą Volume: Volume surge on breakout confirms strength.
âž»
đ Risk Management
âą Risk only a small % of account per trade (e.g., 1â2%).
âą Trail SL if price moves strongly above first target.
â Summary Trade Flow
1. Wait for breakout: close above resistance (~$0.1289).
2. Enter long on breakout confirmation.
3. Set stop-loss just below key support (~$0.085â$0.091).
4. Take profits at ~$0.1472 and then ~$0.1797.
5. Adjust SL to breakeven once first target hits.
#SouthKoreaSeizedBTCLoss #ScrollCoFounderXAccountHacked #ETHMarketWatch #RESOLVAnalysis
How to read this:
âą Horizontal line at resistance: breakout trigger zone (entry).
âą Support below: SL area.
âą Upward arrows: potential target zones if breakout holds.
