REZ is battling a steep pullback after hitting its weekly high, and the downside momentum looks hungry for more targets.
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$REZ SHORT 📉
Entry $0.003862-$0.003870 | SL $0.003982 (-3.0%) | TP1 $0.003808 (+1.5%) | TP2 $0.003673 (+5.0%) | R/R 1:1.7 | Conf 64%
The price snapped the prior swing low, delivering a clean CHoCH, while the CVD flipped negative confirming the shift. A fresh FVG lines up with a broken order block that just got swept, creating a solid POI. Liquidity was taken on the downside, reinforcing the short bias.
A 3.0% stop is fairly tight for this volatility, so keep leverage modest around 2‑3x.
Lock in half of the position once price hits the first target near the next minor resistance.
DYOR — this isn't financial advice, size your risk accordingly 🙏
$REZ #REZUSDT #THORChain #TradingSignals #Write2Earn