📊 TRADE IDEA: $REI /USDT
Current Price: $0.01697 (+10.41%)
Timeframe: 15M (scalp / intraday)
Key Observations: ✅ Price rebounded strongly from $0.01536 (24H Low) to $0.01989 (24H High) before pulling back.
✅ Now consolidating near Mid Bollinger Band ($0.01698), with Bollinger Bands tightening, indicating potential volatility expansion.
✅ RSI (6) at 47.78 – neutral zone, room for movement.
✅ MACD near zero line, momentum building.
🟩 Entry:
$0.01690 – $0.01700 upon confirmation of holding above the mid-band and small bullish candle close.
🎯 Take Profit Targets:
1️⃣ TP1: $0.01745 (near upper band test)
2️⃣ TP2: $0.01790 (scalp partials)
3️⃣ TP3: $0.01850 (extension if momentum strong)
🛑 Stop Loss:
Conservative SL: $0.01640 (below lower Bollinger Band and consolidation structure)
Aggressive SL: $0.01655 (tight risk for quick scalps)
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⚡️ Strategy Notes:
✅ Wait for a clean candle close above $0.01700 with slight volume increase to confirm momentum.
✅ Manage position size according to your risk tolerance.
✅ Trail stop loss above entry after hitting TP1 to secure profits.
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For professional scalping:
Trade only during momentum hours for best volatility.
Respect stop loss strictly to avoid getting caught in a reversal.
Adjust targets dynamically if BTC volatility increases.