【$RESOLV Signal】Pullback to Long: 1H level retracing EMA20, uptrend on 4H remains intact

$RESOLV The 1H timeframe is currently retracing the key EMA20 moving average. The price has pulled back from the high but has not broken the 4H uptrend structure. The 4H chart shows that after a significant surge yesterday, the price is now in a healthy consolidation phase with decreasing volume, and open interest remains stable, indicating that the main players have not exited. The 1-hour RSI has fallen from overbought territory to a neutral zone, preparing for another upward move. The order book shows strong buy orders around 0.0836, forming an initial support.

🎯Direction: Long

⚡Entry/Order: 0.0808 - 0.0835

🛑Stop Loss: 0.0780

🚀Target 1: 0.0900

🚀Target 2: 0.0950

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss to the entry price. Hold the remaining position for Target 2. If the price retraces and hits the moving stop loss, exit all positions to lock in profits.

(Deep Logic: The 4H price remains firmly above EMA20, and the uptrend is intact. Although a retracement appears on the 1-hour chart, the stable open interest and concentrated buy orders at key levels are typical signs of a strong coin undergoing a shakeout. The current price is near the optimized entry zone's lower boundary, offering an excellent risk-reward ratio. The first target above is near yesterday’s high resistance, and the second target is around the previous high area. )

Check real-time market 👇 $RESOLV

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