$REZ has one of the cleanest charts on Binance right now: +33% in a week, with a staircase you could draw with a ruler đ
Renzo, a liquid restaking protocol, has printed higher lows every day since Oct 18:
0.00315 â 0.00367 â 0.00376 â 0.00414 â 0.00444
The 4H chart:
âą Price: 0.00510, +11% today
âą New high at 0.0055 today
âą Support: 0.00444 to 0.00474, the EMA 20 and the last higher low
âą Both EMAs rising, RSI 69
The plan:
đą Trend traders buy dips into the EMA 20 as long as the staircase holds. A break above 0.0055 targets 0.0060
đŽ A 4H close below 0.00444 breaks the pattern for the first time in 10 days
The restaking trade is heating up again, with ether.fi also moving this week.
Are you riding $REZ or waiting for a dip? đ
NFA
#Restaking #TopGainers #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back đ Sign up on Binance
Renzo, a liquid restaking protocol, has printed higher lows every day since Oct 18:
0.00315 â 0.00367 â 0.00376 â 0.00414 â 0.00444
The 4H chart:
âą Price: 0.00510, +11% today
âą New high at 0.0055 today
âą Support: 0.00444 to 0.00474, the EMA 20 and the last higher low
âą Both EMAs rising, RSI 69
The plan:
đą Trend traders buy dips into the EMA 20 as long as the staircase holds. A break above 0.0055 targets 0.0060
đŽ A 4H close below 0.00444 breaks the pattern for the first time in 10 days
The restaking trade is heating up again, with ether.fi also moving this week.
Are you riding $REZ or waiting for a dip? đ
NFA
#Restaking #TopGainers #TechnicalAnalysis
No Binance account yet? Get 20% of your trading fees back đ Sign up on Binance
