$RE is showing strong bullish momentum on the 4-hour timeframe, registering a significant gain of over 14% after establishing a solid local bottom around the 0.5000 region. The price has successfully pushed through previous resistance levels and is currently consolidating around 0.7439, flashing local signs of accumulation. If buyers manage to sustain momentum above this immediate support zone, a continuation towards the previous macro highs looks highly probable. Keep a close eye on volume confirming the next leg up.
Target 1: 0.8300
Target 2: 0.9500
Target 3: 1.0500
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$RE