$REZ ❗️ REZ/USDT – Bearish Trend, but a Bounce Possible? ❗️
📉 Key Support & Resistance Levels
Resistance: $0.02482 → A break above this level could signal recovery.
Support: $0.02074 → Critical level—losing this may accelerate the decline.
📊 Market Strength & Technical Indicators
24H Trading Volume: 385.61M REZ → High activity, but dominated by selling pressure.
RSI (38.02): Near oversold, but not yet in reversal territory.
MACD: Neutralizing after bearish momentum, suggesting potential stabilization.
Order Book: Mixed signals—sellers remain dominant, but buy orders are increasing near support.
📈 Trade Setups for Consideration
🟢 LONG Setup (If price holds support and reverses upward)
Entry: Break above $0.02200
Target 1: $0.02350
Target 2: $0.02480
Stop Loss: $0.02050
🔴 SHORT Setup (If price breaks below key support)
Entry: Breakdown below $0.02070
Target 1: $0.01950
Target 2: $0.01850
Stop Loss: $0.02200
⚠ Final Thoughts & Key Takeaway
❗️ REZ remains in a downtrend, but RSI is approaching oversold, which could lead to a temporary bounce. If $0.02074 fails, expect further downside. Watch for confirmation before entering! 🚨
💬 What’s your outlook for REZ? Will it recover or break lower? Share your thoughts below! 👇
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