🐳 Can REZ increase? Will Rez continue to decrease? This is the question I received the most in the past 2 days. Today let's quickly analyze REZ with Trading Insight!
👉 Rez (Renzo) is Binance's 53rd launchpool project. Currently has a market capitalization of $162 million. With a maintained price of $0.14
👉 Rez has a decrease from the most recent peak of -32%, which is 0.2060.
👉 Currently, Rez is creating a good base at the 0.135-0.1420 area. In the short term, this can be considered a bottom area to buy with low risk when stopping loss at 0.13-0.135.
For a Binance lauchpool coin, the post-list capitalization at $160 million is small. So we can still rejoice. Now that BTC does a Flashpump to $63,000, Rez returns to 0.155-0.162, it's simple. That's a temporary milestone that I think I can return to within a short frame. If you want to scoop, you can scoop now and stoploss as suggested above. As for those who are swinging high, please pray for them to return to shore soon.
Don't hesitate to leave a like, share and comment on the Trading Insight article. The motivation for the team to update is your interaction. Thank you ❤️