Market Overview for Resolv (RESOLVUSDT): August 20, 2025

• Resolv experienced a bearish reversal from a 0.1589 high to a 0.1476 low, with key support forming near 0.1500.
• Strong bearish momentum was confirmed by RSI and MACD divergence, with prices closing near session lows.
• Volatility expanded as Bollinger Bands widened, and volume surged at breakdown points.
• A 0.1535–0.1545 range may become a near-term resistance cluster, with 0.1490 as a critical support.

Resolv (RESOLVUSDT) opened at 0.1583 on August 19, 12:00 ET, and traded as high as 0.1589 before closing at 0.1492 on August 20, 12:00 ET. The pair reached an intraday low of 0.1476, marking a broad bearish trend. Total volume during the 24-hour period was approximately 13,212,223.9, with a notional turnover of roughly $2,051,310 (calculated as volume × average price).

Structure & Formations

The price action suggests a bearish exhaustion phase with a breakdown from the 0.1560–0.1570 range. Key support levels include 0.1500 and 0.1475, while 0.1535 and 0.1550 appear as resistance. A bearish engulfing pattern formed at 0.1550–0.1533 (midnight ET), signaling a shift in momentum. A long lower shadow near 0.1480 suggests possible short-covering or a temporary pause in selling pressure.

Moving Averages

On the 15-minute chart, the price closed below both the 20- and 50-period moving averages, indicating short-term bearish bias. On the daily chart, the 50-, 100-, and 200-period averages are aligned bearishly, with the 200SMA acting as a long-term resistance at approximately 0.1580.

MACD & RSI

The 15-minute MACD turned negative in the final hours, with a bearish crossover confirming the downward move. RSI dropped sharply to 27, suggesting oversold conditions but not a guaranteed reversal. The divergence between the RSI and price in the early morning session (04:00–05:00 ET) indicated a weakening of the bearish trend before a rebound occurred.

Bollinger Bands

Volatility increased throughout the session, with Bollinger Bands expanding as the price tested the lower band multiple times. The last close at 0.1492 was near the lower band, reinforcing the bearish tone. A potential retest of the lower band near 0.1475 could trigger a bounce, but only if volume confirms a reversal.

Volume & Turnover

Volume spiked during the breakdown phases, particularly at 19:30 ET and 12:00 ET. Notional turnover also saw spikes during these times, suggesting strong bearish participation. A divergence occurred in the early morning session, where price fell but volume declined, hinting at a potential pause in the trend.

Fibonacci Retracements

On the 15-minute chart, the 61.8% retracement of the 0.1583–0.1476 swing is at 0.1516, which has acted as a recent pivot. On the daily chart, the 38.2% level is near 0.1535, a critical level for near-term buyers. A break below 0.1476 could extend the move to the next Fibonacci level at 0.1450.

The price may consolidate near 0.1500 in the next 24 hours if bears pause, but a break below 0.1475 could accelerate the downward move. Investors should monitor volume at key levels for reversal signals and be cautious of further downside risks if the trend continues.