⚡️ $REZ

/TRY Market Snapshot

Current Price: ₺0.519

USD Equivalent: ~$0.01293

24h Change: +37.67% 🚀

24h High / Low: ₺0.721 / ₺0.372

24h Volume:

REZ: 1.29 Billion

TRY: ₺714.18 Million

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📊 Volume Analysis

Indicator Value Interpretation

Current Volume 12.57M ⚠️ Very low relative to moving averages

MA(5) 46.93M ⬇️ Volume weakening

MA(10) 54.91M ⬇️ Consistent downtrend in volume

➡️ Despite a massive price move, falling volume could signal reduced momentum or potential profit-taking.

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📈 Key Price Levels

Type Price (₺) Notes

🔼 Resistance 1 0.721 Daily high, psychological level

🔼 Resistance 2 0.741 Depth resistance

🔽 Support 1 0.519 Current price – minor support

🔽 Support 2 0.485 Weak support, past consolidation

🔽 Support 3 0.372 24h low – strong support zone

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🚦 Trend & Price Action Overview

Trend: Ultra short-term parabolic rise (+37.67%)

Price Behavior: Retracing from highs, but still strong daily gain

Candle Type: Likely forming a long upper wick, signaling possible reversal or consolidation

Risk of Overextension: Yes — price jumped nearly 2x from the 24h low

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🧭 Trade Idea Zones

Strategy Entry Zone Take Profit Target Stop-Loss

Scalp Buy ₺0.485–₺0.505 ₺0.65–₺0.69 ₺0.462

Pullback Buy ₺0.400–₺0.435 ₺0.519–₺0.600 ₺0.370

Breakout Buy Above ₺0.735 ₺0.780–₺0.810 ₺0.700

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⚠️ Risks to Consider

Very high volatility: Intraday movement over 37%.

Volume divergence: Falling volume could be a red flag.

Pump behavior: The sudden spike + low liquidity could attract rapid dumpers.

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🔍 Summary

REZ/TRY just saw a huge breakout, but current conditions suggest:

Caution if entering late

Best opportunity may come on pullbacks near ₺0.48–₺0.50

Avoid chasing near ₺0.72 without confirmation

#REZ #BTCBreaksATH #BinanceTurns8 #Write2Earn