$REQ /USDT BEARISH SETUP WITH DOWNSIDE MOMENTUM
$REQ/USDT is showing bearish signals as price trades below the 7-day and 25-day moving averages, indicating resistance and weakening momentum. The MACD remains negative, confirming bearish pressure.
SHORT entry is recommended near current resistance around the 7-day MA.
Targets:
TP1 at recent 24-hour low support
TP2 below recent lows to capture extended downside
Stop Loss should be placed above the 25-day MA to protect against bullish reversals.
Risk management: Limit risk to 2-3% per trade, maintain a tight stop loss, and scale out profits at TP1 while trailing stops to secure gains.
This setup favors bearish continuation unless price breaks above resistance decisively.
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