REZUSDT at a Critical Point– Testing a Major Long-Term Trendline

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REZUSDT at a Critical Point– Testing a Major Long-Term TrendlineREZ / TetherUSBINANCE:REZUSDTCryptoNuclearComplete Analysis: The REZUSDT pair is currently showing a highly compelling setup, as price approaches a long-term descending trendline that has held since May 2024. This is a pivotal moment that could dictate the next significant move—either a bullish breakout or a bearish rejection continuation. --- 📉 Pattern and Structure The chart is forming a large Descending Triangle pattern, with the descending trendline consistently pushing the price lower for over a year. Price is now nearing a key horizontal resistance at approximately 0.01826 USDT, which also intersects with the long-term trendline. The lowest support level sits at 0.00698 USDT, marking the bottom from a major previous decline. --- 📈 Bullish Scenario If the price successfully breaks and closes above the trendline (~0.01826 USDT), then: The next potential upside targets could be: 0.03254 USDT 0.04627 USDT 0.06289 USDT This breakout could signal a trend reversal in the medium term, especially if accompanied by strong volume. --- 📉 Bearish Scenario However, if the price gets rejected at this resistance area: It could pull back toward: The minor support at 0.01200 USDT The major support at 0.00698 USDT A rejection at this trendline would confirm the continuation of the bearish descending triangle pattern, which traditionally favors further downside. --- 🧠 Conclusion: REZUSDT is currently in a make-or-break zone. The market’s reaction to the descending trendline will be crucial in determining the next move. Traders should monitor volume and wait for a solid candle confirmation before entering any position. #REZUSDT #CryptoAnalysis #TechnicalAnalysis #AltcoinBreakout #DescendingTriangle #CryptoTrading #TrendlineBreak #SupportResistance #REZAnalysis #BreakoutWatch