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$REI /USDT – Short Opportunity After Local Peak! 🔻
Current Price: $0.02081
$REI has surged nearly 10% but is now showing signs of rejection after hitting $0.02182. Weak follow-through candles suggest buyer exhaustion.
Short Trade Setup:
Entry Zone: $0.02070 – $0.02110
TP1: $0.02000
TP2: $0.01930
TP3: $0.01880
Stop Loss: $0.02220
Market Insight:
15M bearish divergence forming
Supply hitting hard at the top wick
Strong volume on the push up, but weaker on the pullback
Pro Tip: Scale in as price consolidates below $0.02100 and use tight SL for better R:R.
Quick move likely! Short the exhaustion – trade smart!