$REI

USDT – BEARISH REVERSAL AFTER SHARP SPIKE, WATCH FOR DEEPER RETRACEMENT! 🔻

$REIUSDT spiked strongly to a high of $0.01989 but faced heavy rejection, currently trading at $0.01689 (+10.10%) as sellers took control, pushing the price down with consecutive bearish candles.

🔑 Key Levels:

Support: $0.01600 – key breakout retest zone

Resistance: $0.01850 – immediate resistance for any bounce

Current Price: $0.01689

🎯 Trade Setup:

SHORT ENTRY:

Entry Zone: $0.01720 – $0.01780

Take Profit 1: $0.01600

Take Profit 2: $0.01520

Stop Loss: $0.01860

📊 Market Outlook:

The strong rejection wick and follow-through selling indicate a bearish reversal in play. If the price fails to reclaim $0.01850, further downside towards the support zone is likely in the intraday session.

⚠️ Risk Management:

Do not overleverage during volatile reversals. Always use a strict SL, risk only 1-2% per trade, and stay disciplined to avoid emotional decision-making under fast market moves.

💬 Comment “🔻” if you are watching this REI dump and follow for premium daily market breakdowns and sniper trade setups.

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buy and trade here on $REI