$REZ Reversal in Motion – Eyes on the Next Wave Up

11 mag

REZ reversed major resistance into support upon coming out of a downtrend.

We are currently looking for a pullback towards the 0.618 Fib level at 0.015 before the next wave up.

The market structure is still bullish, and the chart is priming for an explosive breakout into $0.023+.
Keep alert and observe that level.👀
DYOR, NFA

18 mag

Trade attivo

REZ Update Setup Unfolding Beautifully

In my last chart, I was expecting a pullback to the 0.615 fib support level, and price respected it spot on.

The chart is currently creating a bullish falling wedge formation, which is indicative of a powerful reversal impending.
Price action is set to move towards the $0.02 zone next as momentum increases.