$REQ /USDT Market Overview & Trade Setup
Trade Setup – Neutral/Bearish Bias
📌 Entry Price: $0.1105 - $0.1116
🎯 Target 1: $0.1139
🎯 Target 2: $0.1151
🛑 Stop Loss: $0.1094
Market Sentiment Analysis
MA(7) at $0.1109 shows price is near short-term support.
MA(25) at $0.1117 & MA(99) at $0.1121 indicate slight resistance ahead.
Low volatility & volume suggest limited movement unless a breakout occurs.
Trading Strategy
1️⃣ For Long Position:
If REQ stays above $0.1106, potential rebound toward $0.1128 - $0.1139.
Break above $0.1151 could lead to $0.1175+.
2️⃣ For Short Position:
If price breaks below $0.1097, downside could extend to $0.1075 - $0.1060.
Consider stop-loss at $0.1121 if shorting.
Risk Management Tip:
Low volume (~42K) means price can be volatile; trade with caution.
Wait for confirmation before entering to avoid false breakouts.#req #REZ #RenzoProtocol #Write2Earn! #receita_federal