rez– Trading Update
By: Nabiha Noor | Like & Follow ❤️
🔹 Entry Zone:
$0.005700 – $0.005935
🔹 Stop Loss (SL):
$0.005400
🔹 Take Profit (TP):
TP1: $0.006200
TP2: $0.006600
🔸 Technical Overview
• EMA(20):
Currently sitting at $0.005992, acting as a strong dynamic resistance. Price continues to get rejected from this level.
• RSI:
RSI is oversold and turning upward (RSI(6) = 48.7448), signaling potential strength and a possible bounce.
• MACD:
MACD remains well below zero, but DIF is converging (-0.000086), indicating bearish momentum is weakening and a reversal attempt may form soon.
🔸 Outlook
Holding $0.005600 is crucial.
A breakdown below this level could drag price back to $0.005500 (recent low retest).
A confirmed breakout above resistance opens the path toward $0.007000.
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— Nabiha Noor | Like & Follow ❤️