REZ skyrocketed 31% to $0.0199, are the whales celebrating or are retail investors supporting?
Niu Niu News, REZ soared to $0.0199, with a trading volume of $58.31 million in the last 24 hours, the whole network is shouting: "It's going to take off!" BTC at $81,600 dropped 5.5%, ETH at $1,810 plummeted 9.2%, yet REZ is resisting the trend and surging, what’s the signal?
Why is it so strong?
Ecosystem Heat: EigenLayer locked assets surged, REZ followed suit and soared, retail investors are FOMO-ing in directly!
Whale Push: Accumulated at a low of $0.013, large holders pulled it up by 31%, yesterday's unlocking news added fuel to the fire.
Capital Flight: BTC and ETH are crashing, safe-haven funds are rushing into DeFi small coins, REZ has become the hot cake!
How to read the candlestick? What's the trend?
Four-hour candlestick: $0.015 breakout, MACD golden cross strong, RSI 68 is a bit hot, short-term $0.022 is expected, if it drops below $0.017, run away!
Short-term: If $0.0199 stabilizes, $0.025 is possible, otherwise it could wobble around $0.015. Should we jump in? REZ at $0.0199 is blasting against the market, both whales and retail investors are flying together, mindlessly jumping in, even the shorts are going wild!
Want to feast? Comment with 1, and I'll take you flying~
