📊 $REZ
/USDT Technical Analysis - Binance 🎯
🚀 Current Price: $0.03699 (+6.85%)
24h High: $0.03933 | 24h Low: $0.03354
24h Volume: 219.95M REZ ($8.09M USDT)
📈 Market Overview
The REZ/USDT pair is showing a bullish momentum with a 6.85% increase in the last 24 hours. With a high trading volume of over 219M REZ, this suggests strong market interest and potential continuation of the trend.
🔍 Key Levels & Targets 🎯
1️⃣ Immediate Resistance: $0.03933
The 24-hour high marks the first major resistance level. A breakout above this price could signal a bullish rally towards the next target.
2️⃣ Mid-Term Target: $0.04250
Historical data suggests strong selling pressure around this price. Breaking this level could confirm a shift in market sentiment, attracting more buyers.
3️⃣ Long-Term Target: $0.05000
A psychological level, $0.05000 serves as a significant target for bullish traders. Reaching this level would indicate a solid recovery and establish new market confidence.
🛠 Support Levels
$0.03626: Closest support where buyers may re-enter.
$0.03484: A critical floor to watch for a potential reversal.
📊 Indicators
RSI: Currently in a neutral zone, indicating room for further upward movement.
MACD: Bullish crossover observed, confirming a positive trend.
Moving Averages: Short-term MAs point towards a continuation of the uptrend.
💡 Trade Strategy:
Bullish Case: Watch for a breakout above $0.03933 and target $0.04250.
Bearish Case: If price breaks below $0.03626, it may retest $0.03484.
📌 Disclaimer: This is not financial advice. Conduct your own research before investing.
#Binance #REZUSDT #CryptoTrading #TechnicalAnalysis