$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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