$REI is flashing signs of a short-term breakout after reclaiming strength from the $0.01727 low. The +7.5% move today, with strong volume behind it, signals bullish momentum entering the microcap zone.
๐ฏ Entry
Buy zone: $0.0182 โ $0.0187
Wait for a clean hold above $0.0185 on lower timeframes for confirmation
๐ฏ Targets
Target 1: $0.0205 โ recent high zone, minor resistance
Target 2: $0.0224 โ previous price ceiling from early May
Target 3: $0.0248 โ aggressive upside if volume surges
๐ Stop Loss
$0.0170 โ just below the recent low and near VWAP deviation
๐ Key Levels
Support: $0.0172 and $0.0180
Resistance: $0.0208 and $0.0225
Pivot: $0.0195 โ breakout control point
๐ก Pro Tip
REI tends to move quickly in bursts, often following volume spikes on 15m charts. Use trailing stops if it reaches Target 2, and monitor closely โ this is a momentum trade, not a hold.
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