【$RESOLV Signal】Long + 1H Breakout and Retest Confirmation

$RESOLV The 1H timeframe experienced a volume breakout of the previous consolidation zone in the early morning and is currently in a strong upward correction at a high level. The 4H timeframe has already broken above the EMA20 moving average resistance, indicating a trend reversal to bullish. The current 1-hour RSI is at 72, slightly high but not in extreme overbought territory, and open interest remains stable, showing that funds have not exited. Market depth data shows that buy orders are significantly thicker than sell orders, with strong support below. Combined with negative funding rates, there is potential for a short squeeze.

🎯Direction: Long

⚡Entry/Order: 0.0718 - 0.0734 (Patience for retest confirmation)

🛑Stop Loss: 0.0695

🚀Target 1: 0.0795

🚀Target 2: 0.0830

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% and immediately move the stop loss to the entry price. Hold the remaining position to aim for Target 2. If the price retraces and falls below the trailing stop, exit all positions.

Depth Logic: The past 4 hours saw a price surge accompanied by significantly increased volume, a clear signal of main force entering the market. Although the 1-hour RSI is high, stable open interest indicates that bullish positions are still held, not purely retail chasing highs. Buy orders are accumulated in the order book, with an imbalance favoring buyers, providing immediate support for the price. In a negative funding rate environment, the price remains resilient, further reinforcing the logic of a short squeeze to the upside.

View real-time market 👇 $RESOLV

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