$REZ /USDT – Bearish Momentum, Potential Reversal Zone!
Momentum Analysis:
REZ/USDT has recently experienced a significant 19.43% dip, currently sitting at $0.02479. With a 24h high of $0.03082 and a 24h low of $0.02446, the price is consolidating within a range. The downward momentum suggests a potential opportunity for cautious traders, as support levels near $0.02446 show resilience. Keep an eye on market sentiment for signs of a reversal or further downside risk.
Long Setup:
Entry Zone: Look for potential entries near $0.02450 (support level)
Targets:
T1: $0.02700
T2: $0.02850
T3: $0.03000
Stop Loss: $0.02350
Breakout Confirmation Level & Key Support:
Breakout above $0.02700 could signal a return to bullish momentum.
Strong support seen around $0.02446, with the next significant zone at $0.02350.
Pro Tip for Traders:
Keep a close eye on the depth levels to confirm price action movement. A break below $0.02446 could indicate further downside, while a push above $0.02700 may trigger a bullish reversal.
Relevant Hashtags:
