$REZ
USDT BEARISH BREAKDOWN – SUPPORT WEAKNESS MAY LEAD TO A DEEP DIVE 🩸
$REZUSDT is currently trading at 0.00811 (-1.46%), showing rejection from its immediate resistance zone and testing its strong support.
🔑 Key Levels:
Resistance: 0.00821 – 0.00841
Major Resistance: 0.00861
Support: 0.00800
Major Support / Target: 0.00762
📉 Trade Setup (Short Entry):
Entry Zone: 0.00810 – 0.00820
Take Profit (TP): 0.00762
Stop Loss (SL): 0.00841
💡 Market Outlook:
The market structure indicates a clear bearish momentum as price fails to sustain above the 0.00820 resistance and breaks down towards the green demand zone. A clean rejection here with confirmed entry could accelerate downside towards 0.00762, aligning with prior support levels and volume spikes.
⚠️ Risk Management:
Always use strict SL. Never risk more than 1-2% of your capital per trade to ensure sustainable growth and protect from unexpected reversals.
buy and trade here on $REZ
💬 Comment 🚨 if you’re shorting this breakdown or waiting for a retest confirmation.
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