I’m looking at $REZ /USDT after a sharp 20.35% drop, and the chart still looks weak. Price is around 0.003691, sitting below the visible MA60 at 0.003715, which is also sloping downward.
The recent bounce reached roughly 0.003707 but was rejected back toward 0.003691. For me, that makes 0.003707 the key level to watch. I’d want to see price reclaim and hold above it before considering the setup attractive.
📍 Entry: 0.003707 area, only after a clear reclaim
🎯 TP1: 0.003715
🎯 TP2: 0.003731
🛑 Invalidation: 0.003671
If price loses 0.003671, I’d step away from this setup because that is the clearly visible recent low and would show the bounce has failed.
The volume bars are visible, but I wouldn’t rely on them alone for confirmation. Overall, I’m staying cautious here and waiting for price to prove strength above 0.003707 rather than chasing the current move.
The recent bounce reached roughly 0.003707 but was rejected back toward 0.003691. For me, that makes 0.003707 the key level to watch. I’d want to see price reclaim and hold above it before considering the setup attractive.
📍 Entry: 0.003707 area, only after a clear reclaim
🎯 TP1: 0.003715
🎯 TP2: 0.003731
🛑 Invalidation: 0.003671
If price loses 0.003671, I’d step away from this setup because that is the clearly visible recent low and would show the bounce has failed.
The volume bars are visible, but I wouldn’t rely on them alone for confirmation. Overall, I’m staying cautious here and waiting for price to prove strength above 0.003707 rather than chasing the current move.
