Trading strategy for REI/USDT today

🔻 1. Entry Short (sell short)

📥 Enter the order at:

If the price cannot hold above $0.01950–0.02000

And continues to be rejected in this area → confirms reversal

🎯 Take Profit (TP):

Target 1: $0.01863 (24h low)

Target 2: $0.01700 (old support zone)

🛑 Stop Loss (SL):

Above $0.0205 (above the short-term resistance zone)

🔺 2. Entry Long (short-term) – only for technical bottom fishing

📥 Enter the order at:

When the price touches the support zone $0.01800–0.01850

And shows signs of bullish reversal candles (Hammer, Bullish Engulfing)

RSI(6) rebounds from below 15

🎯 Take Profit (TP):

Target 1: $0.01950

Target 2: $0.02020

🛑 Stop Loss (SL):

Below $0.01750

⚠️ Important recommendation

A sharp drop accompanied by large volume is a sign of profit taking or unloading.

Do not FOMO buy at this moment if there is no clear reversal signal.

Preferred strategy: Wait for the price to retest support to enter long, or react to resistance to short.

If you are interested in trading $REI , you can trade here!