$REI
Market Overview:
Current Price: $0.01706
24h Change: -28.77% (Heavy bearish momentum)
24h High / Low: $0.02420 / $0.01664
Trend: Strong downtrend with sharp sell-off from $0.0242, with continued lower highs and lower lows
Key MAs:
MA(7): 0.01752
MA(25): 0.02033
MA(99): 0.02338
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1. Entry Point:
Conservative Buy (Wait for confirmation):
Entry: Above $0.0178–0.0180
(If price breaks and closes above MA(7) with volume confirmation, it may signal a minor reversal)
Aggressive Buy (Dip buying):
Entry: Around $0.0166–0.0170
(Very close to 24h low, but should only be attempted with a strict stop-loss)
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2. Stop-Loss Placement:
Tight SL: $0.0163 (below recent low at $0.01664)
Conservative SL: $0.0158 (allowing more room for volatility)
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3. Take-Profit Targets:
TP1: $0.0185 – initial resistance / MA(7) zone
TP2: $0.0203 – MA(25) zone, previous support turned resistance
TP3: $0.0225–0.0233 – stronger resistance, near MA(99)
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Trade Example (Aggressive Setup):
Entry: $0.0170
SL: $0.0163 (-4.1%)
TP1: $0.0185 (+8.8%)
TP2: $0.0203 (+19.4%)
TP3: $0.0225 (+32.4%)