$RESOLV Signal】Short squeeze continuation, 1H pullback confirmation followed by secondary advance



$RESOLV The 1H timeframe has experienced a massive surge and is currently consolidating strongly at high levels. A single towering pillar on the 4H chart has broken through the long-term consolidation zone, indicating a complete trend reversal. Currently, the 1H price is oscillating above the EMA20, which signifies healthy turnover. In a negative fee environment, stable positions suggest a typical strong consolidation structure after a short squeeze, preparing for a second upward move.

🎯 Direction: Long

⚡ Entry/Order: 0.0920 - 0.0935 (gradually around the current price)

🛑 Stop Loss: 0.0880

🚀 Target 1: 0.0990

🚀 Target 2: 0.1040

🛡️ Trading Management:

- Execution Strategy: When the price reaches 0.0990, reduce positions by 50% and immediately move the remaining stop loss up to the entry price of 0.0935. If the price strongly breaks through 0.1040, move the remaining stop loss up to 0.0990 to seek greater gains.

Depth Logic: A 26%+ surge on the 4H chart with high volume is not typical retail behavior; it signals strong institutional involvement. Although the 1H RSI is high, in a negative fee environment with stable open interest, this indicates that the bears are still under passive pressure, and there is potential for continued short squeeze. The buy-side depth below 0.0935 is unusually thick, forming a strong support cushion, preventing deep retracement. The 1H candle pulling back to EMA20 without breaking it is an excellent entry point for a second position.

Check real-time market 👇 $RESOLV

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