$REZ

🚀 🌓 летим на 2.5$ - ++500х

REZ Analysis

🔹 Overall Status:
After an initial drop, REZ coin has been fluctuating within a range box (yellow zone) between 0.03070 - 0.05034 and has recently broken above the upper limit of the box, moving upwards. Currently, the price is pulling back to this broken range zone.

🔹 Key Levels:

1️⃣ Support Levels:

Bottom of the range box: 0.033 - 0.030
0.618 Fibonacci retracement: Current potential support area
2️⃣ Resistance Levels:

Daily resistance zone (red): 0.065
Bullish Targets:

First Target: 0.17279 - 0.21604 (1 Fibonacci level)
Second Target: 0.40065 - 0.50092 (1.618 Fibonacci level)
Third Target: 2.09323 - 2.61712 (2.618 Fibonacci level)
🔹 RSI and Entry Signals:

RSI is currently in an ascending channel on the daily timeframe and is at the bottom of the channel, suggesting potential support and continuation of the uptrend.
A move of RSI into the overbought zone, along with a breakout of key resistances, could signal a stronger entry point.
🔹 Scenarios:

✅ Bullish Scenario:

If the price stabilizes above the 0.065 daily resistance (red) with increasing trading volume, a move towards Fibonacci targets becomes more probable.
⚠️ Bearish Scenario:

If the price fails to stabilize above resistance, a correction towards the range box bottom (0.033 - 0.030) could occur.
🔹 Trading Volume:

Monitoring the increase in volume when breaking the daily resistance is crucial, as it could signal a sharp move.
🔹 Conclusion:

Safe Entry: After price stabilizes above the red resistance zone with increased volume.
Risky Entry Zones: Near the range box support levels and 0.618 Fibonacci retracement.
📊 Confirmations:

Breakout of daily resistance with high volume
Support from RSI at the bottom of the ascending channel
Reaction to Fibonacci levels
🔑 Recommendation: Always prioritize capital management. Set a stop-loss at the breakdown of the 0.030 support zone.

$REZ is a scam product. The information and tokenomics information on Binance are wrong. This is the main reason why this scam cryptocurrency is constantly dumped. The Renzo team is a scammer.