Technical analysis by trendbooster about Symbol REZ: Buy recommendation (1/2/2025)

REZUSDT 1DThe coin experienced a steep and prolonged decline after listing, eventually finding a bottom and gradually starting to recover. Currently, the price is in consolidation but made an attempt to break upward, which, unfortunately, was unsuccessful. The price encountered resistance (selling pressure) at the $0.06682 level, leading to a continuation of the correction.In the short term, I expect the correction to continue toward support levels near our pending orders (yellow horizontal lines: $0.03600 - $0.03130), followed by a bounce (buybacks) and further upward movement.DYOR.