$RESOLV Signal】Long - 1H breakout and retest confirmation, main force clearly intends to support the price



$RESOLV The 1H timeframe is strongly consolidating above the EMA20 (0.0644), having just experienced a quick dip (to 0.06384) and then rapidly rebounded, forming a long lower shadow, indicating strong buying pressure below. The 4H timeframe has stabilized above the EMA50 (0.0633), with the overall structure shifting from a downtrend to a sideways bottoming pattern, providing a foundation for the 1H rebound.

🎯Direction: Long (Long)

🎯Entry/Order: 0.0650 - 0.0653 (Reason: 1H EMA20 support zone, retest confirmed effective )

🛑Stop Loss: 0.0637 (Reason: Break below 4H EMA50 and the previous 1H candle low )

🚀Target 1: 0.0675 (Reason: 4H previous high resistance level )

🚀Target 2: 0.0695 (Reason: 1.382 Fibonacci extension based on recent oscillation range )

🛡️Trade Management:

- Position size suggestion: Light position (Reason: Hot Coin volatility is high, and the 4H trend has not fully turned bullish )

- Execution strategy: After reaching 0.0675 (Target 1), reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price of 0.0653 (break-even). If the price strongly breaks through 0.0675 and stabilizes, hold the remaining position towards Target 2.

Deep logic: Market depth shows buy orders (Bid) far exceeding sell orders (Ask), with an imbalance of 13.34%, indicating strong support below. Open interest (OI) remains stable, and the price increase has not triggered large-scale liquidations, implying holders are optimistic about the future. The 1H RSI (60.56) is in a healthy bullish zone with room for further upside. Combining market logic indicating “price rising, please consider open interest,” the current stable OI and firm price suggest main force is supporting the price or new longs are entering, rather than a simple short squeeze.

Check real-time quotes 👇 $RESOLV

---

Follow me: Get more real-time analysis and insights into the crypto market! $BTC $ETH $SOL
RESOLV4,27%
BTC-0,02%
ETH0,09%
SOL1,1%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)