$REI USDT BEARISH REVERSAL – SELLERS TAKING CONTROL AFTER SPIKE
The $REIUSDT pair surged to a high of 0.01989 but failed to sustain, currently trading lower at 0.01738 (+14.72%). This sharp rejection from the top indicates that bears are stepping in, and further downside movement could occur if support levels break.
🔷 Trade Setup (SHORT):
Entry: 0.01730 – 0.01750 (current zone)
Targets: 0.01680 / 0.01620 / 0.01560
Stop Loss: 0.01810
📊 Market Outlook:
REI shows a clear lower high formation after its peak rejection, suggesting the trend may shift bearish on lower timeframes. Volume is also reducing, indicating loss of bullish momentum. Confirm with Bitcoin price action before aggressive shorts.
⚠️ Risk Management:
Always use a strict SL and risk only 1-2% of your portfolio per trade to preserve capital in choppy market conditions.
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buy and trade here on $REI