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#RENZO (#REZ /USDT) Technical View
Friends, critical levels in the RENZO chart have become quite clear. The price is currently trading around $0.0129.
•Support Zone: 0.0098 $ stands out as a strong support level. As long as this zone is maintained, the likelihood of upward movement continues to be high.
•First Resistance: The 0.029 $ region is the most important resistance to overcome in the short term. If stability is maintained above this level, a price momentum is expected.
•Medium-Term Target: A break above the resistance at $0.041 could strengthen the positive sentiment in the market.
•Main resistances: $0.055 and then $0.066 levels should be monitored as medium to long-term targets.
📌 In short, $RENZO seems to be preparing for a recovery from the bottom regions. Especially, closes above $0.029 will determine the direction of the trend.
$REZ #Altcoin Eigen