$REZ is currently trading at approximately $0.02547.
Buy Zone:
Considering the recent price movements, a potential buy zone could be around $0.02000, where the price has previously found support.
Target Levels:
1. First Target: $0.03000
This level has acted as resistance in the past and could be an initial profit-taking point.
2. Second Target: $0.03500
If the price surpasses the first target, this level may serve as the next resistance zone.
Stop-Loss:
To manage risk, consider placing a stop-loss order at $0.01800, slightly below the identified support level.
Risk Management Tips:
Position Sizing: Allocate only a portion of your capital to each trade to mitigate potential losses.
Continuous Monitoring: Regularly review price movements and adjust your strategy as necessary.
By considering these buy zones, target levels, and stop-loss points, you can enhance your trading strategy and make more informed decisions.