$RESOLV Signal】Pullback on the dip + 1H level retest confirmation



$RESOLV The 1H timeframe has experienced a massive rally and is now undergoing a healthy retracement correction, with the price approaching the 1-hour EMA20 dynamic support. The 4-hour timeframe has broken through the previous consolidation range with increased volume, indicating a shift to a strong trend. The current pullback presents an excellent second opportunity to enter.

🎯 Direction: Long

⚡ Entry/Order: 0.0850 - 0.0869

🛑 Stop Loss: 0.0820

🚀 Target 1: 0.0950

🚀 Target 2: 0.1020

🛡️ Trading Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the remaining stop loss up to the entry price. If the price strongly breaks through Target 2, further move the stop loss near Target 1 to aim for greater profits.

Deep Logic: The open interest has remained stable over the past 4 hours, and the price has not triggered large-scale long liquidations during the pullback, indicating good chip locking. The 1-hour RSI is in a healthy zone, leaving room for another upward push. Order book data shows selling pressure concentrated above 0.0890; a breakout above this level could open up space. The 0.0840-0.0850 area below is the starting point of the previous rally, forming a strong support. Negative funding rates suggest bears are still present, with potential for a short squeeze.

View real-time market 👇 $RESOLV

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