🚀「REZ Rocket Launches 36% Then Slams the Brakes! Can the 0.0185 Massive Sell Wall Be Broken by Bulls in One Go?」
In the past 24 hours, REZ surged 36%, with contract OI increasing by 74%, but 1-hour level positions fell sharply by 7%, and the funding rate turned negative, leading to a flood of short-term bull profit-taking. The current price of 0.01483 is suspended between the upper Bollinger Band and the 0.0185 liquidity ceiling, with the lower POC at 0.0143 providing the first support. If it dips to the LVN of 0.0137-0.0139 and Up Vol > 60%, one can consider taking a small long position; if it breaks down below 0.0133, then it's time to go short. Stop loss ±0.00035, profit-loss ratio ≈ 2.5. Note: Massive sell wall + negative funding rate, chasing highs could lead to being trapped!
Key Interval Structure
• Value Anchoring Zone: POC 0.0143 is the most densely traded area in the last 2 weeks, with Up Vol at 73%, bulls are in control.
• HVN Buffer: 0.0137-0.0139, 0.0145-0.0148 two high volume zones, price retracing to these levels is likely to attract buying.
• LVN Gap: 0.0133-0.0134, 0.0126-0.0128 low volume gaps, breaking below increases the probability of acceleration.
• 70% Trading Volume Coverage Zone: 0.01339-0.01710, current price is in the upper half, short-term overbought.
Momentum Validation
In the POC area, Up Vol is 73%, HVN 0.0137-0.0139 is also 68%, bulls still dominate; however, the sell wall at 0.0185-0.0200 has an Up Vol of only 42%, indicating bears are laying in wait.
Auxiliary Indicators
• Price is 33% away from MA200, upper Bollinger Band at 0.01735 is a resistance, RSI at 59 is not extreme.
• Contract OI increased by 74% in 24h, but decreased continuously in 1h-4h, indicating short-term capital is being realized.
Market Cycle
Currently in the “end of daily rebound + hourly level correction” phase, if 0.0133 is lost, it will confirm a small degree top.
Trading Strategy
1. Buy on Dip: 0.01375-0.01385 (LVN+HVN overlap), stop loss at 0.01325, target 0.0148-0.0152, profit-loss ratio 2.7.
2. Breakout Buy: Break above 0.0185 with significant volume and 15m Up Vol > 1.5 times the average, chase to 0.0198-0.0205, stop loss at 0.0178, profit-loss ratio 2.1.
3. Breakdown Sell: After losing 0.01325, short on rebound, stop loss at 0.01365, target 0.0126, profit-loss ratio 2.3.
Risk Warning
• The sell wall at 0.0185 has 560,000 USDT, be cautious before chasing highs.
• Negative funding rate and 1h OI decline, short-term bulls are retreating.
• Individual position ≤ 1%, avoid high volatility periods.
Like and follow for real-time updates!
This article is sponsored by @Ad Space!
