$REI BREAKOUT OR PULLBACK?
$REI is currently trading at $0.01822, holding a narrow consolidation range with gradually rising volume. Price action remains neutral, but the squeeze is tightening—expect a breakout or breakdown soon.
Key Levels to Watch
• Resistance: $0.01850 – A breakout above this could trigger a move toward $0.01920 and $0.02000.
• Support: $0.01800 – A breakdown below this could send REI toward $0.01750 and $0.01700.
Trade Setup – Prepare for Volatility
Bullish Entry:
A confirmed move above $0.01850 may target:
TP1: $0.01920
TP2: $0.02000
Bearish Entry:
A breakdown below $0.01800 may target:
TP1: $0.01750
TP2: $0.01700
Stop-Loss: Use tight stops near breakout/breakdown points to manage risk efficiently.