#CryptoTrading. #Signal🚥.

📊Technical Analysis (1 hour) $REZ /USDT

1. Price and Trend:

• Current Price: 0.01571 USD (+47.24% per day).

• The chart shows a strong uptrend with a notable price increase over the past few years. However, recent candles indicate a possible correction or consolidation.

2. Moving Averages (MAs):

• MA(5): 0.01345 (short-term) and MA(10): 0.01259 (medium-term) are seen below the current price, confirming an uptrend. A crossing of MA(5) above MA(10) can indicate buyer strength.

3. Bollinger Bands (20, 2):

• The price is approaching the upper limit (0.01687), which may signal overbought conditions. This is a risk of a correction if the price cannot consolidate higher.

4. Volume:

• Volume is increasing along with the price (196,761,240), which supports the current upward movement. Increasing volume increases interest in the market.

5. MACD:

• MACD: -0.00014 (DIF: 0.00017, DEA: 0.00031), the MACD line is approaching the signal from below upwards, which may indicate the beginning of a bullish signal if the intersection occurs.

6. Stochastic RSI:

• STOCHRSI: 14.21946, MASTOCHRSI: 16.76718 – a false indicator in the oversold zone, which may indicate a possible recovery or correction upwards.

7. OI (Open Interest):

• OI: 13.7M (increasing from 8.55M), which signals an increase in positions and traders' confidence in further growth.

⚠️Conclusion:

The current trend is up with strong support from volume and MA crossing.

However, approaching the upper Bollinger band and low STOCHRSI may indicate overbought conditions and a possible correction to the level of 0.01464–0.0150.

It is recommended to monitor the volume and possible MACD crossing to confirm further movement.