BoooooooM ๐๐๐๐
$REI /USDT โ โTight Coil, Ready to Strikeโ
Entry Zone: $0.01600 โ $0.01618
Targets: $0.01660 / $0.01710 / $0.01780
Stop Loss: Below $0.01555
Market Insights:
$REI is showing a symmetrical consolidation near the top of a recent bounce from $0.01558. It made a local high of $0.01618, with Parabolic SAR currently underneath, indicating upward pressure. This setup resembles a bullish continuation pattern, potentially leading to a breakout if volume increases.
Next Move:
๐ Watch closely for a break above $0.01618 with strong volume. That confirms breakout potential.
๐ If price dips back toward $0.01600 and holds, itโs an ideal entry for a low-risk setup.
๐ Place stop-loss just below the last higher low ($0.01555) for protection.