$REZ /USDT (4h): strong bullish momentum, but extended
Trend: Price is 0.005303, up 18.19% in 24h, in a clear uptrend of higher highs and higher lows. It sits above all three MAs (7: 0.004796, 25: 0.004493, 99: 0.003911), and they are stacked in bullish order.
Volume: The last few green candles came with the biggest volume spikes on the chart (peak around 434M
$REZ ), so the breakout has real participation behind it.
Levels:
Resistance: 0.005366 (24h high), then 0.005472
Support: 0.004796 (MA7), then 0.004544 and 0.004493 (MA25)
Caution: Price is about 10% above MA7 and 18% above MA25, so it's stretched. Pullbacks to the MAs are common after moves like this. The last candle also has a small upper wick near 0.005366, a hint of early profit-taking.
Outlook: Bias is bullish while price holds above MA7. A 4h close above 0.005366 with strong volume would confirm continuation. A drop below 0.004796 would suggest the momentum is fading and a retest of 0.0045 is likely. Chasing here carries risk; waiting for a pullback or a confirmed breakout is the safer approach.
#REZ please follow