📊 Technical analysis for REI/USDT
🔍 Current situation
- Current price: $0.01692
- Percentage increase in the last 24 hours: +6.55%
- Highest price in the last 24 hours: $0.01989
- Lowest price in the last 24 hours: $0.01528
- Trading volume: 9.63 million USDT
- Total number of coins traded: 545.13 million REI
📈 Notes from the chart
- There is a significant recovery in the price after touching the bottom at 0.01528.
- The current daily candle is green, indicating buying momentum.
- The price is close to short-term resistance at $0.019–0.020.
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🎯 Potential targets (if the upward trend continues)
Price target level notes 🎯 Target 1 0.0195 – 0.0200 Psychological and technical resistance 🎯 Target 2 0.0230 Potential previous peak 🎯 Target 3 0.0265 Strong medium-term resistance ---
🛑 Support areas (in case of correction)
Price support level notes 🛡️ Support 1 0.0155 Support close to the last low 🛡️ Support 2 0.0140 Medium-term support 🛡️ Support 3 0.0125 Strong support in case of price collapse ---
🔮 Future forecasts (short to medium term)
📌 Positive scenario:
- If the 0.020 level is breached consistently, we may see an upward wave towards 0.023 then 0.026.
- Increased trading volume supports this scenario.
⚠️ Negative scenario:
- If the price fails to surpass 0.020 and reversal candles appear, the price may return to test support at 0.0155 or lower.
- Breaking 0.014 may push the currency into a new downtrend.
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🧠 Tips for traders and investors
- Watch level 0.020 closely: breaching it consistently may be a buying signal.
- Use a stop-loss below 0.015 to reduce risks.
- Do not invest all your capital at once—split your entry into phases.