đ„Certainly! Let's break down the analysis for the REZTRY (Renzo/Turkish Lira) trading pair:
1. Support and Resistance Levels:
Support: The current support level is around TRY 0.25. If the price drops below this level, it may find additional support near TRY 0.20.
Resistance: The immediate resistance is at TRY 0.35. A breakout above this level could signal further bullish momentum.
2. Entry Strategy:
Long Position: Consider entering a long position if the price breaks above the resistance at TRY 0.35. Confirm with other indicators.
Short Position: For a short position, wait for a clear breakdown below the support at TRY 0.25.
3. Recent Values:
Current Price: Approximately TRY 0.30.
Previous High: Around TRY 0.38.
Previous Low: Near TRY 0.22.
Remember, always perform your due diligence and consider risk management. Happy trading! đđ.#REZ #Write2Earn! #MarketDownturn #RocketFuel
