🚀 Technical Analysis: REZ/USDT | Price Targets 🎯
Current Price: $0.05588 (+24.15% in 24 hours)
24h High: $0.05593
24h Low: $0.04312
The REZ/USDT trading pair has shown significant bullish momentum recently, surging 24.15% in the past 24 hours. Let's dive into the technicals to explore potential price targets and key levels.
📊 Key Levels to Watch:
1. Target 1: $0.05661 (Resistance Zone)
Rationale: This level represents a strong resistance zone. The price is approaching this level and could face a retracement or consolidation before breaking higher. If REZ can surpass this price point, it could signal further upside potential.
2. Target 2: $0.05088 (SAR Indicator Support)
Rationale: The SAR (Stop and Reverse) indicator shows a level of $0.05088, which acts as potential support. A retracement to this level could present a buying opportunity if the trend remains bullish. A bounce here would confirm the continuation of the upward trend.
3. Target 3: $0.04312 (Previous Low/Support)
Rationale: If the price experiences a deeper correction, the previous low of $0.04312 could act as strong support. This price level will be a key point to monitor for potential reversal or a sign of further bearish pressure.
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