$REZ – Strong Rejection from Resistance, Sellers Taking Control ⚠️
Current Price: $0.01662
24H Range: $0.01471 – $0.01715
Why It May Drop:
Price rejected hard near $0.01715, the daily high
Current candle structure shows lower highs forming
Volume is shrinking — from MA(10) ≈ 15M to latest ≈ 1.7M
Momentum is fading as price struggles to stay above $0.01650
Buyer interest appears to be drying up after the short-lived pump
This suggests a likely move downward unless strong support reappears.
Short Trade Setup:
Entry Zone: $0.01650 – $0.01680
Targets:
• TP1: $0.01585
• TP2: $0.01520
• TP3: $0.01450
Stop Loss: $0.01735 (above recent rejection wick)
Note:
Ideal confirmation: A 15m or 1H candle close below $0.01650
Trail stop after TP1 to lock profit.
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