$REZ — Don't get blinded by the green; the #SmartMoney is looking for the "Trap." 📉
While the retail crowd is FOMO-ing into the +11% pump, experienced traders are eyeing a
#BearishRejection play.
$REZ is currently screaming toward a heavy resistance zone at $0.0058. On the 1H chart, we are seeing "Wick Exhaustion"—long tails at the top of candles—which often signals that buyers are running out of gas and a
#MeanReversion back to the support floor is imminent.
In trading, we call this "Shorting the Overextension." When a coin verticalizes without building solid structural support, it creates a liquidity gap that eventually gets filled on the way down.
🔹The Strategy
Wait for the rejection, then execute with precision.
* Entry Zone (Short): $0.0056 – $0.0058 (Watch for failure to break resistance)
* Targets: $0.0051 → $0.0048 → $0.0045
* Stop Loss: $0.0062
(Above the local peak)
Keep an eye on the RSI; if it crosses above 70 and curls down, the "Short" signal is confirmed. Trade the trend, not the hype.
DYOR: Do your own research; this is not financial advice.
#REZ #BTC90kChristmas #sniper007