I have been keeping an eye on $RZTO for a few days. Last week, when I saw $RZTO surge from 0.002 to 0.009, I was kicking myself, thinking I missed out on another hot coin. However, this week it pulled back to 0.0045, which made me unable to resist watching the Candlestick charts a little more.
The most interesting thing is its pullback rhythm — instead of the common "free fall after a surge" seen with new coins, it has instead firmly settled at nearly 50% retracement. This clean pullback amplitude, coupled with the absence of panic selling over the past two days, somewhat resembles a situation where funds are quietly accumulating at the bottom, rather than just a weak market that trades for a quick profit and leaves.
I didn't dare to chase the highs before, as I was afraid of falling into the trap of "pure speculation tokens," but after looking into Rizz Wireless behind it, I found that it actually operates mobile networks in all 48 states of North America, not just a conceptual air coin. This becomes interesting, as it means there is real business backing the token, not just supported by memes or slogans, and there are real application scenarios that can be realized in the future. Compared to those coins that rely purely on emotional speculation, it always feels more solid.
Now in the range of 0.0045, it has become my "re-entry observation zone" in my mind—there's no rush to take action, but I will focus on whether it can hold this support level. After all, a project that can stabilize its footing after the first wave of increase and has actual business backing might really be able to develop a different rhythm.
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I have been keeping an eye on $RZTO for a few days. Last week, when I saw $RZTO surge from 0.002 to 0.009, I was kicking myself, thinking I missed out on another hot coin. However, this week it pulled back to 0.0045, which made me unable to resist watching the Candlestick charts a little more.
The most interesting thing is its pullback rhythm — instead of the common "free fall after a surge" seen with new coins, it has instead firmly settled at nearly 50% retracement. This clean pullback amplitude, coupled with the absence of panic selling over the past two days, somewhat resembles a situation where funds are quietly accumulating at the bottom, rather than just a weak market that trades for a quick profit and leaves.
I didn't dare to chase the highs before, as I was afraid of falling into the trap of "pure speculation tokens," but after looking into Rizz Wireless behind it, I found that it actually operates mobile networks in all 48 states of North America, not just a conceptual air coin. This becomes interesting, as it means there is real business backing the token, not just supported by memes or slogans, and there are real application scenarios that can be realized in the future. Compared to those coins that rely purely on emotional speculation, it always feels more solid.
Now in the range of 0.0045, it has become my "re-entry observation zone" in my mind—there's no rush to take action, but I will focus on whether it can hold this support level. After all, a project that can stabilize its footing after the first wave of increase and has actual business backing might really be able to develop a different rhythm.