$RE remains in a strong bearish trend.
After reaching a major high, the price has dropped by nearly 50% and continues to make lower highs and lower lows. Sellers are still controlling the market, while buying momentum remains weak.
Unless the price reclaims key resistance with strong volume, the bearish trend is likely to continue. For now, caution is the better approach, as there are no clear signs of a trend reversal yet.
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After reaching a major high, the price has dropped by nearly 50% and continues to make lower highs and lower lows. Sellers are still controlling the market, while buying momentum remains weak.
Unless the price reclaims key resistance with strong volume, the bearish trend is likely to continue. For now, caution is the better approach, as there are no clear signs of a trend reversal yet.
Click below to Take Trade