Market Overview
REQ/USDT is showing strong bullish momentum, with the price increasing by 11.91% in the last 24 hours. The asset has touched a high of $0.1215 and a low of $0.1071, indicating increased volatility and potential for further price action.
Technical Analysis
Current Price: $0.1212
24H High: $0.1215
24H Low: $0.1071
Volume (REQ): 15.34M
Volume (USDT): 1.72M
🔎 Reasons for the Trade:
The price has recently broken out, confirming strong bullish momentum.
High trading volume supports further price movement.
Moving averages are trending upwards, signaling continued strength in the trend.
Trading Signal
Entry Price: $0.1205 - $0.1212
Take Profit: $0.1250 - $0.1270
Stop Loss: $0.1160
Risk Management
Keep a tight stop-loss below support levels to minimize risk.
If the price reaches near the take profit level but slows down, consider securing partial profits.
Use a trailing stop-loss to protect gains if momentum continues.
Final Thoughts
#REQ/USDT is currently in a strong uptrend and has potential for further upside. The entry zone around $0.1205 - $0.1212 provides a good risk-reward setup. Watch for volume confirmations and price action signals before entering.