【$RESOLV Signal】Short squeeze continues, pullbacks are buying opportunities

$RESOLV The 1H timeframe has experienced a massive rally and is now in a strong consolidation at high levels. The 4H timeframe shows a towering pillar that has directly broken through all moving averages, indicating a complete trend reversal. Currently, the 1H RSI is still in the high zone but not overbought, and open interest remains stable. In a negative funding rate environment, the price is holding firm. This is a typical short squeeze pattern, with bears being slowly squeezed out.

🎯Direction: Long

⚡Entry/Order: 0.0900 - 0.0910 (Place orders near the current price)

🛑Stop Loss: 0.0850

🚀Target 1: 0.0975

🚀Target 2: 0.1040

🛡️Trade Management:

- Execution Strategy: After reaching Target 1, reduce position by 50% to lock in profits, and move the stop loss of the remaining position up to the entry price. If the price strongly breaks above 0.0975 and stabilizes, move the remaining position’s stop loss to hold and aim for greater gains.

Deep Logic: The 4-hour volume has exploded, which is a clear signal of main capital entering the market. Despite the short-term surge, open interest has not decreased, indicating that long positions are stable and not just retail FOMO. The order book shows buy orders concentrated around 0.0908-0.0909, forming immediate support. Negative funding rates continue to fuel the short squeeze. The 1H EMA20 has quickly moved up to around 0.0800, becoming a strong support zone. Pullbacks are opportunities for a second entry.

View real-time market 👇 $RESOLV

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