๐ Whatโs Been Happening with REZ?
Short-term dip but still stronger week-over-week
$REZ fell about 0.1% today, trading around $0.01354. However, it remains up nearly 40% compared to its price a week ago, which was in the ~$0.009โ0.010 range .
**Volume & momentum signals ๐**
Trading volume has surged โ some charts show 24-hour volumes above $200โฏโโฏ250โฏmillion, signaling increased community interest . Technical analysts have spotted a โrounding bottomโ pattern followed by a breakout over $0.011, suggesting possible bullish momentum ahead .
Fundamentals remain solid
Renzoโs underlying protocol โ a liquid restaking platform built on EigenLayer โ continues growing, featuring over $1โฏbillion in TVL and staking returns around 38% annual yield .
๐ My Take โ Personalized Tone
Iโve been keeping an eye on REZ recently, and hereโs what caught my attention:
Despite todayโs slight pullback, the week-over-week gains are really encouraging โ it shows that people are still buying in.
The huge trading volumes mean strong interest is coming back into the market.
Technical signals look optimistic โ there's a real chance for continued upside if momentum holds ๐.
Plus, the protocol is maturing: liquid restaking yields and expanding TVL give it a sturdy foundation.
โจ Bottom Line
It feels like REZ is finding its footing after a dip โ the mix of solid on-chain fundamentals, rising volumes, and bullish price patterns could mean we're in for more gains ahead. Still, itโs wise to stay alert: a breakout past resistance (around $0.014โ$0.015) could confirm the trend, while a fallback below support (~$
0.011) might need a closer look.