Here's a breakdown of the $REI /USDT trading data you provided:
Price Overview
Current Price: $0.02094
24h Change: +8.27%
24h High / Low: $0.02182 / $0.01919
Volume (24h):
$REI : 134.94 million
USDT: 2.78 million
Technical Indicators
RSI(6): 69.93 → Nearing overbought zone (above 70 is typically considered overbought)
MACD / MA / EMA / BOLL / SAR / VOL / RS: These weren't specified with values, but they usually help in momentum and trend analysis.
AVL (Average Line?): Values around 0.02084 to 0.01886
Recent Performance
Today: +6.51%
7 Days: +5.92%
30 Days: -3.72%
90 Days: -39.29%
180 Days: -62.27%
1 Year: -71.15%
Market Sentiment
There's strong short-term momentum (positive today and in the last week).
Long-term trend remains bearish (large drawdowns over 90 days to 1 year).
RSI near 70 suggests a potential reversal or cooling-off could happen soon.
Conclusion
$REI is showing a short-term bounce, but the long-term trend is still downward. If you're trading:
Short-term (scalp/intraday): Momentum is positive.
Long-term investment: Risk is high; consider the long-term decline before entering.
