$REZ Short 50x | Supply holds or the plan is dead.
REZ is pressing into the supply zone I mapped for this move. Position is live; the only question now is whether supply survives the retest.
Trade Plan:
- Entry: 0.00472 – 0.00482
- TP1: 0.00408 (R:R 1:0.8)
- TP2: 0.00362 (R:R 1:1.2)
- TP3: 0.00292 (R:R 1:2.0)
- SL: 0.00570
Why this setup?
- The short stays valid on 4h, price respecting 0.00472–0.00482 while the daily remains range-bound.
- 15m RSI at 78 still gives sellers room to push lower from an elevated reading, provided the level stays defended.
- Volume is 2.34x, with 1.80B traded against 768.14M expected, so participation is behind the move.
Trade here 👇 and Your call: clean rejection from here, or a failed breakdown that traps the shorts?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
REZ is pressing into the supply zone I mapped for this move. Position is live; the only question now is whether supply survives the retest.
Trade Plan:
- Entry: 0.00472 – 0.00482
- TP1: 0.00408 (R:R 1:0.8)
- TP2: 0.00362 (R:R 1:1.2)
- TP3: 0.00292 (R:R 1:2.0)
- SL: 0.00570
Why this setup?
- The short stays valid on 4h, price respecting 0.00472–0.00482 while the daily remains range-bound.
- 15m RSI at 78 still gives sellers room to push lower from an elevated reading, provided the level stays defended.
- Volume is 2.34x, with 1.80B traded against 768.14M expected, so participation is behind the move.
Trade here 👇 and Your call: clean rejection from here, or a failed breakdown that traps the shorts?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
