🤩 REX Trading Success = 80% Discipline, 20% Luck, Here’s Why!

📊 Current Price Action:

Price: $0.020297

Down -18.63%, indicating strong intraday selling pressure.

Trading below all major moving averages (MA7, MA25, MA99), signaling a short-term bearish trend.

Moving Averages:

MA7 (yellow): $0.020286

MA25 (pink): $0.020981

MA99 (purple): $0.022021

Price is currently below all of these, which confirms downward momentum.

🔍 Recent Price Behavior:

Local high: $0.023033

Local low: $0.020004

Price tried to bounce from the low but is struggling to break even MA7 — showing weak recovery so far.

📉 Trend Summary:

Consistent lower highs and lower lows.

Moving averages are sloped downward, reinforcing a strong downtrend.

Volume is decreasing, suggesting that neither bulls nor bears are showing strong conviction — this may lead to consolidation or further breakdown if no buying support appears.

📈 For Price to Recover Toward $0.023+:

REX must:

Break and hold above $0.02115 (short-term resistance).

Regain the MA25 ($0.02098) and MA99 ($0.02202) with volume confirmation.

Ideally form a higher low, then push past $0.023033.

If all of these happen, the bullish reversal will look stronger.

⏳ How Soon Could It Recover?

Fast recovery possible within 1–2 days IF volume increases sharply and price breaks above MA25 and MA99.

Otherwise, expect sideways consolidation or retest of lows around $0.02000 or $0.01985.

✅ Bullish Targets (Short-Term):

Price LevelReason$0.02098MA25 – minor resistance$0.02202MA99 – key resistance$0.02303Local peak – short-term target

❌ Bearish Risks:

Failure to hold $0.02000 could lead to:

Retest of $0.01985 (current local support)

Potential move toward $0.0195 or lower

📌 Conclusion:

Trend = Bearish

Wait for breakout above MA25 & MA99 before considering long/buy entries.

Volume must pick up to support recovery.

If already holding, watch $0.02000 as a critical support level.