$REQ
/USDT BULLISH CONSOLIDATION – SETTING UP FOR A POTENTIAL POP!
$REQ is trading around $0.1403 after a sharp green impulse candle earlier in the session. The price is now consolidating just below the $0.1420 resistance zone on the 15-min chart, forming a tight flag pattern. This consolidation hints at a potential bullish continuation if buyers step in again.
Trade Setup (LONG):
Entry Zone: $0.1400 – $0.1405
Target 1: $0.1425
Target 2: $0.1455
Stop Loss: $0.1380
Why Long?
The spike in volume and vertical candle followed by sideways movement often signals accumulation before a breakout. If $REQ breaks above $0.1425 with momentum, we may see a surge toward $0.1455 and beyond.
Risk Management Tip:
Enter on retest or breakout with volume. Keep a tight SL below the previous base and consider partial profit at TP1 to reduce exposure.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!