$REQ ANALYSIS 1D

- To be clear, I expect the price to correct towards the range of 0.1505-0.1440 in the short term, followed by buyers stepping in to push the price to 0.1558, then 0.1665, and 0.1766 levels. In other words, I am looking at long positions.

- You need to see a reversal confirmation (pin bar, bullish engulfing, or a sudden reversal on a lower timeframe) in the range of 0.1440-0.1505 to enter the trade. If a long position is opened from here, the first take profit can be set at 0.1558, the second take profit at 0.1665, and the third take profit at 0.1766.

- The safest way for a stop-loss would be to stay below the swing low level, meaning 0.1385 can be monitored as the current swing low.

- If the price dips below 0.1364 and we do not see a strong reversal signal there, the decline may continue, and then long positions should not be considered.

- If the price closes above 0.1766 and remains th...#req #BTCReclaims120K #ETH4500Next? #BinanceAlphaAlert #analysis $REQ