$REQ /USDT has been moving in a tight range lately, hovering around the 0.12 mark with minor attempts to push above 0.1230. The recent price action suggests indecision among traders — buyers are holding the line near support, but there isn’t enough momentum to break through resistance. The 24-hour volume of 1.9 million $REQ shows some life in the market, yet it’s not the kind of strong participation that precedes a breakout. Unless volume picks up soon, this could stay stuck in a sideways drift.
On the 4-hour chart, the structure is still leaning slightly bullish, but it’s fragile. A close below 0.1200 would likely invite more selling pressure, dragging the pair back toward 0.1180 or even lower. On the other hand, if bulls manage to reclaim 0.1235 with conviction, short-term traders could start piling in, aiming for a move toward 0.1260. The issue is that sentiment feels cautious; many holders seem to be waiting for broader market direction rather than betting on REQ itself.
In short, REQ looks like a coin in search of a reason to move. There’s no clear breakout signal yet, but the consolidation is tightening. Traders should watch volume closely — if it spikes while price pushes above 0.1235, that’s your first real sign of strength. Until then, it’s a range trader’s game.
