$REX
📉 REX/USDT Market Insight (4H Chart)
🔻 Price: \$0.021837 (▼19.93%)
📊 Volume: 609.72K | High Volatility Zone
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🔹 **Technical Overview**
* EMA(7): \$0.0241
* EMA(25): \$0.0250
* Current Price: Below both EMAs — indicating bearish momentum
* Support: \$0.01501
* Resistance: \$0.02500 – \$0.02800
* Price recently rejected from the EMA cluster and is heading down
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📉 Indicators
* RSI (6): 16.17 → Deeply oversold — potential for a bounce
* Stoch RSI: 0.43 / 13.92 → Extremely oversold, reversal may be near
⚠️ Momentum is weak and favoring sellers. A bounce could happen, but confirmation is needed.
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📌 Market Sentiment
* Volume remains strong, but candles are mostly red
* Bulls are losing ground unless strong buying steps in near support
* Watch for possible double-bottom around \$0.015 if downtrend continues
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🎯 Strategy Suggestions
* High risk zone. Wait for RSI/Stoch RSI recovery above 20 for safer entry
* Watch for price action near \$0.0200 – potential short-term bounce area
* Key confirmation needed: Bullish candle + RSI recovery + volume uptick
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🚨 Reminder: Oversold doesn't mean reversal — always manage risk.
