$REZ Breaking Major Resistance! 🚀 Is the Trend Reversing?
REZ is finally showing some muscles! 💪 After a period of consolidation, we just saw a massive 4H candle break above the EMA(200) (yellow line).
Key Observations:
✅ Price Action: Currently trading at 0.00592, up over 10%.
✅ Indicators: The EMA(7) has crossed above the EMA(21) and EMA(200), signaling a strong bullish momentum.
✅ Volume: We’re seeing a healthy spike in volume accompanying this move.
Targets to Watch:
🎯 Resistance 1: 0.00632 (Previous High)
🎯 Resistance 2: 0.00680
🛡️ Support: 0.00540 (EMA 200)
Is this the start of a massive rally or a bull trap? Let me know your thoughts below! 👇