$REQ /USDT – 4H Trade Setup
Market Insight:
$REQ is trading at $0.1483, slightly down -0.27%, and sitting in a narrow consolidation range after a dip to $0.1455. While volume is light and decreasing (MA(5) < MA(10)), price action shows buyers defending the $0.145 zone. A short-term reversal is possible if support holds.
Entry Zone:
$0.1450 – $0.1480
(Good accumulation zone near support and prior reaction low.)
Targets:
Target 1: $0.1535
Target 2: $0.1575
Target 3: $0.1630
Stop Loss:
$0.1425 (Below recent low to minimize risk)
Key Levels:
Support: $0.1455 / $0.1425
Resistance: $0.1519 / $0.1575
Pivot: $0.1483
Pro Tip:
A bullish engulfing candle above $0.148 with increasing volume could confirm entry. Be patient — avoid chasing unless the price breaks above $0.1519 with conviction. If price retests $0.145 and holds, it can offer a low-risk bounce play.
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