$REZ REZ is the governance token of the Renzo Protocol, which focuses on liquid restaking within the Ethereum ecosystem. The project is linked to EigenLayer, allowing users to restake assets while maintaining liquidity. Price-wise, REZ is trading far below its all-time high, indicating a long bearish phase in the past. Recent candles suggest consolidation near lower levels, showing reduced selling pressure. Volume remains moderate, which means strong bullish momentum is still missing. The market structure is currently range-bound rather than trending. Buyers are defending support, but resistance overhead is limiting upside moves. Candlestick patterns show small bodies and wicks, indicating indecision. This usually happens before a breakout or breakdown. Fundamentally, REZ has a real DeFi use case but faces strong competition. Token supply and unlocks can also affect price volatility. Short-term outlook is neutral, with sideways movement likely. A bullish move would require strong volume and a clean resistance break. Failure to hold support could lead to another dip. Overall, REZ is a high-risk, speculative token with potential if restaking adoption grows.

REZ
REZUSDT
0.002798
+0.64%