$RESOLV As of today, the price of RESOLV is hovering around $0.098 – $0.103. The token has recently come off a strong weekly surge (+25% to +35%) but is currently experiencing a cooling period with a slight 24-hour decline of roughly 1.5% to 8% depending on the exchange.
Technical Analysis (24-Hour Forecast)
Momentum Indicators:
RSI (Relative Strength Index): Currently around 63.8, which indicates strong buying pressure but remains below the "overbought" threshold of 70. This suggests there is still room for upward movement before a major correction.
MACD: The MACD histogram is positive (+0.0026), confirming that the short-term trend is still technically bullish despite today's minor dip.
Support & Resistance Levels:
Immediate Support: $0.096. If the price falls below this, it may test the deeper historical demand zone at $0.075.
Immediate Resistance: $0.114. A breakout above this level could target the $0.137 high seen in recent days.
24-Hour Outlook: Neutral to Bullish
The token is currently in a consolidation phase. Expect sideways trading between $0.097 and $0.105 over the next 24 hours. If it maintains its support at $0.096, a retest of the $0.11 resistance is likely as momentum traders look for an entry point following the recent pullback.
Note: Low-cap DeFi tokens like RESOLV are highly volatile. This analysis is for informational purposes and not financial advice.
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