$RE is trading at $0.5966 right now, down 2.32% on the day.
What jumps out immediately looking at this chart is the launch it basically went from $0.05 to over $1.09 in a single candle. That's not a typo, that's just how new listings sometimes behave when there's a rush of early demand. Since that initial spike it's been cooling off steadily, chopping between roughly $0.58 and $0.92 over the following sessions, and now it's settled down near the lower end of that range.
24h high was $0.6226, low was $0.5781, so today's action has actually been pretty contained compared to the wild swings right after launch. Volume's still solid too 9.47M RE and about 5.68M USDT traded in the last day.
RSI is sitting around 45, right in neutral territory, so no strong overbought or oversold signal at the moment. Feels like the market's still trying to figure out where this one wants to settle after that explosive start.
What jumps out immediately looking at this chart is the launch it basically went from $0.05 to over $1.09 in a single candle. That's not a typo, that's just how new listings sometimes behave when there's a rush of early demand. Since that initial spike it's been cooling off steadily, chopping between roughly $0.58 and $0.92 over the following sessions, and now it's settled down near the lower end of that range.
24h high was $0.6226, low was $0.5781, so today's action has actually been pretty contained compared to the wild swings right after launch. Volume's still solid too 9.47M RE and about 5.68M USDT traded in the last day.
RSI is sitting around 45, right in neutral territory, so no strong overbought or oversold signal at the moment. Feels like the market's still trying to figure out where this one wants to settle after that explosive start.