$REI /USDT – Bullish reversal in preparation! 🚀
Current price: $0.01773 (+0.23%)
📈 Market structure:
Strong bullish engulfing candle after prolonged bearish trend.
The price has recovered the level of $0.01750, forming a higher low.
Volume is increasing, showing buyer interest after the drop to $0.01567.
📊 Trade setup:
Entry zone: $0.01750 – $0.01770 (retest or breakout play)
TP1: $0.01820
TP2: $0.01880
TP3: $0.01950
Stop Loss: $0.01700 (below the recent higher low)
📌 Key resistance: $0.01800 – $0.01820
📌 Key support: $0.01700 – $0.01650
💡 Pro tip:
If $REI turns $0.01800 into support with volume confirmation, expect a continuation towards the psychological resistance of $0.02. Watch for retests before adding size.
🔥 Momentum is changing – do not overlook this reversal potential! Keep a close eye on REI!
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