$REZ /USDT Trading
Key Setup:
- Breakout & Retest:Price broke out sharply from $0.015, peaked at $0.01715, and is now retesting the breakout zone. A successful retest could signal further upside.
- Critical Levels:
- Resistance: $0.01715 (previous 24H high).
- Support: $0.01620–$0.01580 (hold here is crucial for bullish continuation).
Trade Strategy:
- Entry Zone: $0.01640–$0.01660 (ideal retest area for buying).
- Take Profit (TP) Targets:
- TP1: $0.01750 (+5–6% gain).
- TP2: $0.01820 (+10–11% gain).
- TP3: $0.01950 (+17–18% gain).
- Stop Loss: $0.01570 (risk management below support).
Market Insights:
- Volume Surge: Increased buying activity confirms strong momentum.
- Retest Signal: The current pullback (red candle) is seen as a healthy correction; holding above $0.01620 increases bullish odds.
Action Tips:
1. Watch for a bounce from $0.01640–0.01660 with rising volume.
2. A break above $0.01715 could trigger a rapid move toward TP2 and TP3.
3. Stay alert for a potential dip below $0.01570 (SL zone) to cut losses.
Risk/Reward: High-potential setup with clear entry, exit, and risk parameters. Manage position size wisely! 🔍🚀
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