The REZ Liquidation Event – A Reset or a Warning?
🚨 $REZ Longs Just Got Wiped Out – What Comes Next? 🚨
A massive $1.4188K in long positions got liquidated at $0.01686, leaving traders scrambling as REZ failed to hold key support.
🔍 What’s Happening?
📉 Leverage Wipeout: Weak hands just got shaken out—was this a stop-hunt, or is more downside incoming?
🔥 Bearish Pressure Growing? Price action suggests sellers still in control unless bulls step in aggressively.
💥 Short Squeeze Potential? If REZ finds strong bids, we could see a sharp reversal catching late bears off guard.
📌 Key Levels in Play:
📍 Resistance: $0.0172 | $0.0175 | $0.0180 – Break these, and bulls regain control.
📍 Support: $0.0165 | $0.0160 – A break below could mean more downside pain.
💡 The Smart Play?
✔️ For Spot Buyers: Accumulate cautiously near support, but watch for a confirmation bounce.
✔️ For Traders: A reclaim above $0.0175 could trigger momentum back toward $0.0180+.
✔️ For Bears: If REZ struggles to reclaim key levels, another leg lower could be in play.
⚡ So, are you buying the dip or shorting the next bounce? Let’s talk strategy! 👇
