📉 $REQ /USDT Market Update – $0.1096 (-4.61%)
📈 Market Overview
📌 Current Price: $0.1096 (-4.61%)
📌 24H High: $0.1153
📌 24H Low: $0.1046
📌 24H Volume: 8.64M REQ / 951K USDT
📊 Technical Analysis
✅ Support Levels:
$0.1046 → Immediate support
$0.1000 → Psychological level
🚀 Resistance Levels:
$0.1107 - $0.1153 → First resistance
$0.1185 - $0.1200 → Key breakout zone
📊 Indicators & Trend Analysis
🔹 RSI: Approaching oversold zone (~35-40)
🔹 MACD: Bearish momentum, but selling pressure slowing
🔹 Bollinger Bands: Trading near the lower band, potential for bounce
📉 Trading Strategy
📌 Bullish Scenario:
If $0.1046 support holds, price could retest $0.1107 - $0.1153
A break above $0.1153 may push REQ toward $0.1200+
📌 Bearish Scenario:
A break below $0.1046 could lead to a drop toward $0.1000 - $0.0980
Losing $0.0980 may trigger further downside
⚠️ Risk Management:
🔹 Stop-loss: Below $0.1030
🔹 Take profit: $0.1100 - $0.1150
🔍 Final Thoughts
REQ is under short-term selling pressure, but support at $0.1046 is key. RSI near oversold levels suggests a potential bounce, but MACD remains bearish. Watch for a break above $0.1107 for confirmation of recovery.