๐จ $RE/USDT BEARISH PULLBACK CONTINUES โ WATCH FOR THE NEXT DECISIVE MOVE! ๐จ
๐ Trade Setup
Entry Zone: 0.5880 โ 0.6000
Take Profit 1: 0.5750
Take Profit 2: 0.5620
Take Profit 3: 0.5480
Stop Loss: 0.6150
After a strong rally toward 0.6791, $RE/USDT has entered a corrective phase and continues trading below the short-term moving averages. The current price action suggests sellers are still defending resistance, while buyers need a strong breakout to regain momentum.
๐ Short Market Outlook
Momentum remains weak in the short term with lower highs forming after the recent peak. The 0.6000โ0.6150 zone is the key resistance to reclaim, while 0.5750 is the first major support. A break below support could extend the correction, whereas a sustained move above 0.6150 would shift momentum back in favour of the bulls.
#RE #USDT #Crypto #TechnicalAnalysis #Binance $RE
๐ Trade Setup
Entry Zone: 0.5880 โ 0.6000
Take Profit 1: 0.5750
Take Profit 2: 0.5620
Take Profit 3: 0.5480
Stop Loss: 0.6150
After a strong rally toward 0.6791, $RE/USDT has entered a corrective phase and continues trading below the short-term moving averages. The current price action suggests sellers are still defending resistance, while buyers need a strong breakout to regain momentum.
๐ Short Market Outlook
Momentum remains weak in the short term with lower highs forming after the recent peak. The 0.6000โ0.6150 zone is the key resistance to reclaim, while 0.5750 is the first major support. A break below support could extend the correction, whereas a sustained move above 0.6150 would shift momentum back in favour of the bulls.
#RE #USDT #Crypto #TechnicalAnalysis #Binance $RE