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Hey Binance Square family! š Ready to explore a token that's been making waves? Let's dive into REZ/USDT and see what's brewing in the charts! š
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š Current Snapshot
Price: $0.0172
24h Range: $0.0161 ā $0.0178
Market Cap: $28.15M
24h Volume: $105.97M
Circulating Supply: 1.64B REZ
All-Time High: $0.207252 (Apr 30, 2024)
All-Time Low: $0.01093 (May 6, 2025)
Data sourced from CoinCodex.
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š Technical Overview
REZ has recently broken out of a falling wedge pattern on the 2-day chart, indicating a potential bullish reversal. The price is now testing the 2-day MA50. A successful breakout above this moving average could pave the way for further gains.
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šÆ Trade Setup
Entry Zone: $0.0160 ā $0.0170
Take Profit (TP):
TP1: $0.01928
TP2: $0.02362
TP3: $0.03109
TP4: $0.03713
TP5: $0.04316
Stop Loss (SL): $0.0140
Note: Always ensure proper risk management and adjust your positions accordingly.
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š Market Outlook
With the recent breakout and increasing volume, REZ is showing signs of a bullish trend. If the price maintains above the MA50, we could see it reaching the higher target levels. However, traders should remain cautious and monitor key support and resistance levels.
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š§ Final Thoughts
REZ is displaying promising signs of a bullish breakout. With strong support levels and increasing volume, it might be the right time to consider this token for your portfolio. Remember to stay updated with market trends and always trade responsibly.
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Disclaimer: This content is for informational purposes only and does not constitute financial advice. Always conduct your own research before making any investment decisions.
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