$REZ – Rising Channel Break Alert! Bearish Pattern in Motion
After riding within a clean ascending channel,
$REZ has broken below support with a confirmed M-pattern formation. This signals a potential bearish move toward the lower target zone!
Trade Setup:
Entry: $0.01850
Target: $0.01669
Stop Loss: $0.01961
Why Short?
Price rejected off the upper channel resistance, followed by a sharp double-top and now a confirmed break below channel support — momentum favors the bears.
Pro Tip:
Watch for volume confirmation and momentum candles below $0.01840 to ride this setup smoothly. Risk-to-reward ratio is highly favorable!
Trade the Pattern – Profit with Precision Only on Binance!
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