$REI /USDT BULLISH BREAKOUT IN PROGRESS! ๐๐
๐ Key Levels:
Current Price: $0.01862 (+2.65%)
Support: $0.01805 & strong support at $0.01787
Resistance: Immediate resistance at $0.01905 (24h High) and next at $0.01911
๐ Technical Insight:
Price is holding above the MA(7) at $0.01859 and MA(25) at $0.01858, signaling short-term bullish momentum. The MA(99) at $0.01828 supports a solid base. Volume at 174.34M REI confirms strong participation. Price closing above the 24h high resistance ($0.01905) would confirm further bullish continuation.
๐ฅ Trade Setup (Long):
Entry: $0.01865 - $0.01870 (on breakout confirmation)
Take Profit (TP):
TP1: $0.01950 (next psychological level)
TP2: $0.02000 (round number resistance)
Stop Loss (SL): $0.01800 (below support zone)
โ๏ธ Risk Management:
Risk only 1-2% of your trading capital. Keep SL tight to protect against false breakouts. Scale out profits near TP1 to lock gains and let the rest ride with trailing stop.
โจ Ride the bullish momentum but trade smart! #CryptoTrading #REIUSDT #BullishSignal #TrumpVsMusk #MarketPullback #CircleIPO #Write2Earn $REI