$REZ Long Liquidations – A Reset or a Warning Sign?
A staggering $1.4188K in longs just got liquidated at $0.01686, triggering heavy selling pressure. But is this the bottom, or are we heading for more pain?
Two Potential Scenarios for REZ:
Scenario 1: The Bullish Reversal
If REZ holds $0.0165+, buyers could step in aggressively.
A break above $0.0175+ could trigger a sharp short squeeze.
Key targets: $0.0180 | $0.0192 | $0.0200.
Scenario 2: More Liquidations Incoming
If REZ drops below $0.0160, expect another wave of selling.
Heavy resistance at $0.0175+ could cap any bullish momentum.
A BTC drop could further drag REZ lower, with downside targets at $0.0158 | $0.0150.
What’s the move?
Diamond hands buying the dip?Sidelining to wait for confirmation?
Shorting into resistance?
Drop your strategy below! Let’s see who calls it right.
