$REZ /USDT – BEARISH STRUCTURE REMAINS, BOUNCE LOOKS WEAK WITHOUT STRONG FOLLOW-UP!
Current Price: $0.00974
24H Change: +3.51%
24H High/Low: $0.00977 / $0.00923
Market Outlook:
$REZ /USDT is seeing a mild bounce today after a long-term downtrend, but the broader outlook remains heavily bearish. With -37.04% in 30 days and -92.23% over the past year, the trend is still dominated by sellers. Current price action is a relief move, and unless key resistance levels are broken, downside risks remain.
Key Technical Levels:
Immediate Resistance: $0.00980 – today's high and breakout trigger
Major Resistance: $0.01050 – psychological and former breakdown level
Immediate Support: $0.00930 – short-term support
Major Support: $0.00900 – key demand zone and possible breakdown level
Trade Setup (Short):
Entry: $0.00970–$0.00980 (on rejection from resistance)
Targets (TP):
TP1: $0.00930
TP2: $0.00900
Stop Loss (SL): $0.01000
Alternate Setup (Long):
Entry: $0.00980+ (only if strong breakout with volume)
TP: $0.01050
SL: $0.00940
Sentiment Summary:
Although today’s bounce is encouraging, overall structure shows sustained selling pressure. A true trend reversal needs confirmation above $0.01050. Until then, rallies may face rejection.
Risk Management:
Stick to your stop loss. Don’t overexpose capital on low-priced assets—maintain 1–2% risk per trade. Trade only with proper confirmation.