$REI /USDT short tread signal 🚦🔴
BEARISH RETEST – WEAK CONSOLIDATION BELOW AVERAGE LINE AFTER SHARP DROP!
$REI dropped aggressively to a new low of $0.01736 and is now consolidating slightly above that level at $0.01758. The hourly chart shows repeated rejections below the average line ($0.01756), indicating bearish control remains intact with no strong bounce in sight.
Trade Setup (SHORT):
Entry Price: $0.01755 – $0.01775
Target 1: $0.01720
Target 2: $0.01685
Stop Loss: $0.01790
Why Short?
Price action remains weak with no bullish volume confirmation after the recent breakdown. Every recovery attempt meets resistance near the average line. Unless $0.01780 is broken with force, further decline is the likely outcome.
Risk Management Tip:
Use a tight SL just above resistance to avoid whipsaws. Once Target 1 is hit, secure partial gains and let the rest ride with a trailing SL in case of a sharp continuation drop.
Don’t let this breakout fly without you — enter smart, exit richer!
Ride the momentum before it fades — profits favor the fearless!
Sell and Trade here on $REI