$REI /USDT BEARISH MOVE IN PLAY – POTENTIAL DOWNSIDE AHEAD!
Current Price: $0.01642
The price action on the 4H chart shows weakness, failing to hold above key support zones. Bearish pressure is increasing with a breakdown likely.
Key Levels to Watch:
Resistance Levels:
$0.01680 – Recent local top, rejected twice
$0.01746 – 24H High, strong supply zone
Support Levels:
$0.01600 – Critical horizontal support
$0.01550 – Next downside target if $0.01600 breaks
Trade Setup – SHORT IDEA:
Entry: $0.01640 - $0.01650
Target 1 (TP1): $0.01600
Target 2 (TP2): $0.01550
Stop Loss (SL): $0.01685 (above resistance)
Risk Management:
🔸 Risk only 1-2% of your capital
🔸 Use proper position sizing & avoid overleveraging
🔸 Stick to the SL – discipline is key!
Bearish bias remains valid as long as price stays below $0.01685. Trade smart, trade safe! #BTCWhaleTracker #BTC120kVs125kToday #USCryptoWeek #StrategyBTCPurchase #Write2Earn $REI