$REZ Short 50x | Supply needs to hold, or the plan is off.
REZ is hitting the supply zone I’ve been eyeing for this setup. I’m in a position where risk is defined, not where emotions dictate moves.
Trade Plan:
- Entry: 0.00350 – 0.00353
- TP1: 0.00340 (R:R 1:0.8)
- TP2: 0.00333 (R:R 1:1.3)
- TP3: 0.00322 (R:R 1:2.0)
- SL: 0.00367
Why this setup?
- 4h still supports a valid short scenario, with a range-bound 1D backdrop and price reacting from 0.00350–0.00353 near 0.00352.
- The 15m RSI at 33 indicates stretched downside momentum, making follow-through crucial if sellers step in.
- Volume speaks volumes: 0.73x pace, 57.52M traded against 78.28M expected, highlighting genuine sell-side engagement.
Trade here 👇 and are you ready to take the short, or will you hold out for more confirmation?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
REZ is hitting the supply zone I’ve been eyeing for this setup. I’m in a position where risk is defined, not where emotions dictate moves.
Trade Plan:
- Entry: 0.00350 – 0.00353
- TP1: 0.00340 (R:R 1:0.8)
- TP2: 0.00333 (R:R 1:1.3)
- TP3: 0.00322 (R:R 1:2.0)
- SL: 0.00367
Why this setup?
- 4h still supports a valid short scenario, with a range-bound 1D backdrop and price reacting from 0.00350–0.00353 near 0.00352.
- The 15m RSI at 33 indicates stretched downside momentum, making follow-through crucial if sellers step in.
- Volume speaks volumes: 0.73x pace, 57.52M traded against 78.28M expected, highlighting genuine sell-side engagement.
Trade here 👇 and are you ready to take the short, or will you hold out for more confirmation?
EDUCATIONAL INFORMATION ONLY. NO ADVICE, OFFER, SOLICITATION, OR RECOMMENDATION. YOUR MOVE, YOUR RISK.
